Apartment Investment and Management Company Announces 2020 Dividend Income Tax Allocation
January 15 2021 - 9:12PM
Business Wire
Apartment Investment and Management Company ("Aimco") (NYSE:
AIV) announced today the 2020 dividend allocation for federal
income tax purposes for its Class A Common Stock. Aimco’s tax
return for the year ended December 31, 2020 has not yet been filed.
As a result, the income tax character for the distributions shown
below has been calculated using the best available information as
of the date of this release. Please note that federal tax laws
affect taxpayers differently, and the information in this release
is not intended as advice to shareholders as to how dividends
should be reported on their tax returns. Also note that state and
local taxation of real estate investment trust dividends varies and
may not be the same as the taxation under federal rules. Aimco
encourages shareholders to consult with their own tax advisors with
respect to federal, state and local income tax effects of these
distributions.
Class A Common Stock (CUSIP 03748R-75-4
and CUSIP 03748R-74-7)
Record Date
Payable Date
Distribution per Share
Taxable Ordinary
Dividends1
Qualified Dividends (20%
Rate)
Capital Gain (20%
Rate)3
Unrecaptured Sec. 1250 Gain
(25% Rate)3
Return of Capital
2/14/20
2/28/20
$0.41
4.92112%
5.74466%
81.53456%
7.79966%
0.00000%
5/15/20
5/29/20
$0.41
9.94375%
1.89660%
60.41631%
27.74334%
0.00000%
8/14/20
8/28/20
$0.41
9.94375%
1.89660%
60.41631%
27.74334%
0.00000%
11/4/20
11/30/20
$8.20
9.94375%
1.89660%
60.41631%
27.74334%
0.00000%
12/5/20
12/15/20
$38.07112
5.90018%
1.12536%
35.84837%
16.46167%
40.66442%
Annual
$47.5011
6.65957%
1.31168%
40.90792%
18.52919%
32.59164%
1 The 2020 Taxable Ordinary Dividends are
treated as "qualified REIT dividends" for purposes of Internal
Revenue Code section 199A.
2 This distribution of 1 share of Class A
Common Stock of Apartment Income REIT Corp. (NYSE:AIRC) for each
share of Class A Common Stock of Aimco owned is being valued at
$38.0711 per share. This value is the volume weighted average
trading price of Apartment Income REIT Corp. on December 15, 2020
and is not binding on the U.S. Internal Revenue Service or any
other tax authority.
3 Aimco is disclosing two additional
amounts related to the capital gain dividends for purposes of
Internal Revenue Code section 1061, which is generally applicable
to direct and indirect holders of “applicable partnership
interests.”
Record Date
Payable Date
Form 1099-DIV Box 2a, Total
Capital Gain Distr. Per Share
One Year Amounts Disclosure
Per Share
Three Year Amounts Disclosure
Per Share
2/14/20
2/28/20
$0.3663
$0.0479
$0.0479
5/15/20
5/29/20
$0.3615
$0.0473
$0.0473
8/14/20
8/28/20
$0.3615
$0.0473
$0.0473
11/4/20
11/30/20
$7.2291
$0.9458
$0.9458
12/5/20
12/15/20
$19.9150
$2.6056
$2.6056
Annual
$28.2333
$3.6940
$3.6940
About Aimco
Aimco is a Real Estate Investment Trust focused on property
development, redevelopment and various other value-creating
investment strategies, targeting the U.S multifamily market. Aimco
is traded on the New York Stock Exchange as AIV. For more
information about Aimco, please visit our website at
www.aimco.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210115005597/en/
Aimco Tom Marchant, Vice President, Tax Investor Relations:
303-793-4661 investor@aimco.com
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