DENVER--(BUSINESS WIRE)--
Apartment Investment and Management Company ("Aimco") (NYSE: AIV,
AIVPrA, and AIVPrZ) announced today the 2016 dividend allocation for
federal income tax purposes for its Class A Common Stock, Class A
Cumulative Preferred Stock, and its Class Z Cumulative Preferred Stock.
Aimco’s tax return for the year ended December 31, 2016, has not yet
been filed. As a result, the income tax allocation for the dividends
discussed below has been calculated using the best available information
as of the date of this release. A portion of the Class A Cumulative
Preferred Stock Dividend and a portion of the Class Z Cumulative
Preferred Stock Dividend payable on January 15, 2016 were attributable
to taxable income and gains recognized in 2015.
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
dividends.
Class A Common Stock (CUSIP 03748R-10-1)
Record
Date |
|
| Payable
Date |
|
| Dividend
per
Share |
|
| Taxable
Ordinary
Dividends |
|
| Qualified
Dividends
(20% Rate) |
|
| Capital
Gain
(20% Rate) |
|
| Unrecaptured
Sec. 1250
Gain (25%
Rate) |
|
| Return of
Capital | |
| 2/19/16 |
|
| 2/29/16 |
|
| $0.33 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 5/20/16 |
|
| 5/31/16 |
|
| $0.33 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 8/19/16 |
|
| 8/31/16 |
|
| $0.33 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 11/18/16 |
|
| 11/30/16 |
|
| $0.33 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
|
Annual
|
|
|
|
|
| $1.32 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
|
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| | |
Aimco Preferred Stock
Class A Cumulative Preferred Stock (CUSIP 03748R-76-2 )
Record
Date |
|
| Payable
Date |
|
| Dividend
per
Share |
|
| Taxable
Ordinary
Dividends |
|
| Qualified
Dividends
(20% Rate) |
|
| Capital
Gain
(20% Rate) |
|
| Unrecaptured
Sec. 1250
Gain (25%
Rate) |
|
| Return of
Capital | |
| 1/1/16 |
|
| 1/15/16 |
|
| $0.4297 |
|
|
84.22370%
|
|
|
2.37898%
|
|
|
8.49563%
|
|
|
4.90169%
|
|
|
0.00000%
| |
| 4/1/16 |
|
| 4/15/16 |
|
| $0.4297 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 7/1/16 |
|
| 7/15/16 |
|
| $0.4297 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 10/1/16 |
|
| 10/15/16 |
|
| $0.4297 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
|
Annual
|
|
|
|
|
| $1.7188 |
|
|
46.70450%
|
|
|
8.03464%
|
|
|
28.70123%
|
|
|
16.55963%
|
|
|
0.00000%
| |
|
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| | |
Class Z Cumulative Preferred Stock (CUSIP 03748R-77-0)
Record
Date |
|
| Payable
Date |
|
| Dividend
per Share |
|
| Taxable
Ordinary
Dividends |
|
| Qualified
Dividends
(20% Rate) |
|
| Capital
Gain
(20% Rate) |
|
| Unrecaptured
Sec. 1250
Gain (25%
Rate) |
|
| Return of
Capital | |
| 1/1/16 |
|
| 1/15/16 |
|
| $0.4375 |
|
|
84.22370%
|
|
|
2.37898%
|
|
|
8.49563%
|
|
|
4.90169%
|
|
|
0.00000%
| |
| 4/1/16 |
|
| 4/15/16 |
|
| $0.4375 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
| 7/1/16 |
|
| 7/15/16 |
|
| $0.4375 |
|
|
34.19810%
|
|
|
9.91986%
|
|
|
35.43643%
|
|
|
20.44561%
|
|
|
0.00000%
| |
|
Annual
|
|
|
|
|
| $1.3125 |
|
|
50.87330%
|
|
|
7.40623%
|
|
|
26.45616%
|
|
|
15.26431%
|
|
|
0.00000%
| |
|
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| | |
On July 29, 2016, Aimco redeemed all outstanding shares of its Class Z
Cumulative Preferred Stock at $25.00 per share plus an amount equal to
accumulated and unpaid dividends thereon to the redemption date of
$0.0729 per share. $25.0729 per share should be treated as redemption
proceeds.
Aimco is a real estate investment trust focused on the ownership and
management of quality apartment communities located in select markets in
the United States. Aimco is one of the country's largest owners and
operators of apartments, with 193 communities in 22 states and the
District of Columbia. Aimco common shares are traded on the New York
Stock Exchange under the ticker symbol AIV, and are included in the S&P
500. For more information about Aimco, please visit our website at www.aimco.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170113005745/en/
Aimco
Elizabeth Coalson, 303-691-4327
Vice President
Investor Relations
Elizabeth.Coalson@Aimco.com
Source: Aimco