AvalonBay Communities Announces 2016 Dividend Income Tax Treatment
January 17 2017 - 4:15PM
Business Wire
AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB)
announced today the final income allocations of the Company’s 2016
dividend distributions on its Common Stock. The final income
allocations as they will be reported on Form 1099-DIV are set forth
in the following table:
Common Shares (CUSIP
#053484101)
Declaration
Date
Record
Date
Payable
Date
Distribution
Per
Share
Taxable
Ordinary
Income
(1)
Return
of
Capital
Capital
Gain
Unrecap.
Section
1250
Gain
01/27/16 03/31/16 04/15/16 $ 1.35000 $ 0.91800 $ 0.00000 $
0.35100 $ 0.08100 05/19/16 06/30/16 07/15/16 1.35000 0.91800
0.00000 0.35100 0.08100 09/09/16 09/30/16 10/17/16 1.35000 0.91800
0.00000 0.35100 0.08100 11/10/16
12/30/16
01/16/17 1.35000 0.91800 0.00000 0.35100 0.08100
Totals $
5.40000 $ 3.67200 $ 0.00000 $ 1.40400 $ 0.32400 100%
68% 0%
26% 6%
Components may not sum to the totals due to rounding
differences. The information above presents final income
allocations.
(1) None of the dividends classified as taxable ordinary income
represents “qualified dividend income.”
About AvalonBay Communities, Inc.
AvalonBay is an equity REIT in the business of developing,
redeveloping, acquiring, and managing apartment communities in
leading metropolitan areas in New England, the New York/New Jersey
Metro area, the Mid-Atlantic, the Pacific Northwest, and the
Northern and Southern California regions of the United States. As
of September 30, 2016, the Company owned or held a direct or
indirect ownership interest in 283 apartment communities containing
82,708 apartment homes in 10 states and the District of Columbia,
of which 22 communities were under construction and eight
communities were under reconstruction. More information may be
found on the Company’s website at http://www.avalonbay.com.
Copyright © 2017 AvalonBay Communities, Inc.
All Rights Reserved
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AvalonBay Communities, Inc.Jason ReilleySenior DirectorInvestor
Relations703-317-4681
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