AvalonBay Communities Announces 2020 Dividend Income Tax Treatment
January 21 2021 - 4:15PM
Business Wire
AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB)
announced today the final income allocations of the Company’s 2020
dividend distributions on its Common Stock. The final dividend
allocations as they will be reported on Form 1099-DIV are set forth
in the following table:
Common Shares (CUSIP #053484101)
DeclarationDate RecordDate PaymentDate DistributionPer Share OrdinaryTaxableDividend(1)(2) Return ofCapital Long
TermCapital Gain Unrecap.Section 1250Gain 02/05/20
03/31/20 04/15/20
$
1.59000
$
1.04940
$
0.00000
$
0.38160
$
0.15900
05/12/20 06/30/20 07/15/20
1.59000
1.04940
0.00000
0.38160
0.15900
09/16/20 09/30/20 10/15/20
1.59000
1.04940
0.00000
0.38160
0.15900
11/12/20 12/31/20 01/15/21
1.59000
1.04940
0.00000
0.38160
0.15900
Totals
$
6.36000
$
4.19760
$
0.00000
$
1.52640
$
0.63600
100
%
66
%
0
%
24
%
10
%
Components may not sum to the totals due to rounding
differences. The information above presents final dividend
allocations.
(1) $0.06360 of each quarterly dividend classified as taxable
ordinary dividend represents “qualified dividend income”.
(2) $0.98580 of each quarterly dividend classified as taxable
ordinary dividend is treated as qualified REIT dividends for
purposes of Internal Revenue Code (IRC) Section 199A.
Please consult your tax advisor.
About AvalonBay Communities, Inc.
As of September 30, 2020, the Company owned or held a direct or
indirect ownership interest in 294 apartment communities containing
86,676 apartment homes in 11 states and the District of Columbia,
of which 19 communities were under development. 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, as well as in the Company’s expansion markets
consisting of Southeast Florida and Denver, Colorado. More
information may be found on the Company’s website at
http://www.avalonbay.com.
Copyright © 2021 AvalonBay Communities, Inc.
All Rights Reserved
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Jason Reilley Vice President Investor Relations AvalonBay
Communities, Inc. 703-317-4681
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