AvalonBay Communities Announces 2019 Dividend Income Tax Treatment
January 13 2020 - 04:15PM
Business Wire
AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB)
announced today the final income allocations of the Company’s 2019
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
Payment
Date
Distribution
Per
Share
Ordinary
Taxable
Dividend (1)(2)
Qualified
Dividend (1)
Return
of
Capital
Long
Term
Capital
Gain
Unrecap.
Section
1250
Gain
01/30/19
03/28/19
04/15/19
$
1.52000
$
1.38320
$
0.07600
$
0.00000
$
0.04560
$
0.01520
05/16/19
06/27/19
07/15/19
1.52000
1.38320
0.07600
0.00000
0.04560
0.01520
09/19/19
09/30/19
10/15/19
1.52000
1.38320
0.07600
0.00000
0.04560
0.01520
11/20/19
12/31/19
01/15/20
1.52000
1.38320
0.07600
0.00000
0.04560
0.01520
Totals
$
6.08000
$
5.53280
$
0.30400
$
0.00000
$
0.18240
$
0.06080
100%
91%
5%
0%
3%
1%
Components may not sum to the totals due to rounding
differences. The information above presents final income
allocations.
(1) $0.0760 of each quarterly dividend
classified as taxable ordinary income represents “qualified
dividend income.” (2) $1.38320 of each quarterly dividend
classified as taxable ordinary income are treated as qualified REIT
dividends for purposes of Internal Revenue Code Section 199A.
Please consult your tax advisor.
About AvalonBay Communities, Inc.
As of September 30, 2019, the Company owned or held a direct or
indirect ownership interest in 292 apartment communities containing
85,647 apartment homes in 12 states and the District of Columbia,
of which 20 communities were under development and five communities
were under redevelopment. The Company is an equity REIT in the
business of developing, redeveloping, acquiring and managing
apartment communities in leading metropolitan areas primarily 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. More information may be found on the
Company’s website at http://www.avalonbay.com.
Copyright © 2020 AvalonBay Communities, Inc.
All Rights Reserved
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version on businesswire.com: https://www.businesswire.com/news/home/20200113005875/en/
Jason Reilley Vice President Investor Relations AvalonBay
Communities, Inc. 703-317-4681
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