DENVER, January 24, 2023–(BUSINESS WIRE)–Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) reported today the tax status of the 2022 dividend paid to shareholders. The details of the distribution tax classification are included in the table below:
Common Class A (CUSIP 03750L109)
|
Record date |
Payable date |
Dividend per share |
Total Ordinary dividends |
able dividends(1) |
Total Capital profit distribution |
Not caught Sec. 1250 profit(2) |
Section 897 simple dividends |
Section 897 Capital Gain(3) |
Novidend Distributions |
|
|
17/2/2022 |
25/2/2022 |
$ |
0.45 |
13.71320% |
1.93033% |
86.28680% |
10.30174% |
0.00000% |
86.28680% |
0.00000% |
|
5/20/2022 |
31/5/2022 |
$ |
0.45 |
13.71320% |
1.93033% |
86.28680% |
10.30174% |
0.00000% |
86.28680% |
0.00000% |
|
8/19/2022 |
30/8/2022 |
$ |
0.45 |
13.71320% |
1.93033% |
86.28680% |
10.30174% |
0.00000% |
86.28680% |
0.00000% |
|
18/11/2022 |
30/11/2022 |
$ |
0.45 |
13.71320% |
1.93033% |
86.28680% |
10.30174% |
0.00000% |
86.28680% |
0.00000% |
|
Every year |
$ |
1.8000 |
13.71320% |
1.93033% |
86.28680% |
10.30174% |
0.00000% |
86.28680% |
0.00000% |
|
|
(1) – The percentage of qualified dividends for each month shown above is a part of, and is included in, the Dividend per share. |
|
(2) – The percentage of uncaptured Sec. The 1250 monthly dividend shown above is part of, and is included in, the Dividend per share. |
|
(3) – The percentage of 897 Capital Gain for each month shown above is part of, and included in, Dividend per Share. |
According to Treas. Reg. ยง 1.1061-6(c), the Apartment Income REIT Corp. shall issue two additional amounts for purposes of section 1061 of the Internal Revenue Code. Section 1061 is generally applicable to direct and indirect owners of “applicable interests.”
|
Record date |
Payable date |
Form 1099-DIV at2a cow, Total Capital Gain District per share |
One year money Statement Per SHare |
Three years money Statement Per SHare |
|||
|
17/2/2022 |
25/2/2022 |
$ |
0.388291 |
$ |
0.0169 |
$ |
0.0169 |
|
5/20/2022 |
31/5/2022 |
$ |
0.388291 |
$ |
0.0169 |
$ |
0.0169 |
|
8/19/2022 |
30/8/2022 |
$ |
0.388291 |
$ |
0.0169 |
$ |
0.0169 |
|
18/11/2022 |
30/11/2022 |
$ |
0.388291 |
$ |
0.0169 |
$ |
0.0169 |
|
Every year |
$ |
1.553164 |
$ |
0.0676 |
$ |
0.0676 |
|
Holders of record of the Company’s stock will receive Internal Revenue Service Form 1099-DIV from Computershare, AIR’s 2022 distribution paying agent. If the distribution is made in “street name” during 2022, the IRS form will be issued by a bank, brokerage firm, or nominee. As AIR’s tax returns have not yet been filed for the year ending December 31, 2022, the distributions shown here have been calculated using the best information available to date.
The tax treatment of these distributions by state and local authorities varies and may differ from that of the IRS. Because federal and state tax laws affect individuals differently, AIR cannot advise shareholders how distributions should be reported on their tax returns. AIR encourages shareholders to consult their own tax advisors regarding federal, state and local taxes arising from these distributions.
About AIR
Information about Apartment Income REIT Corp., Exchange Apartment Income REIT Corp. (NYSE: AIRC) is based in the United States. AIR is one of the nation’s largest owners and operators, with 75 communities in 10 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the symbol AIRC and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20230124005705/en/
Communication
Matthew O’Grady
Senior Vice President, Capital Markets
(303) 691-4566
Mary Jensen
Head of Investor Relations
(303) 691-4349
investors@aircommunities.com
