AvalonBay Communities Announces 2012 Dividend Income Tax Treatment
AvalonBay Communities Announces 2012 Dividend Income Tax Treatment
ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. ("AvalonBay" or the "Company") (NYS: AVB) announced today the final income allocations of the Company's 2012 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)
Taxable | Unrecap. | |||||||||||||
Declaration | Record | Payable | Distribution | Ordinary | Return of | Capital | Section | |||||||
Date | Date | Date | Per Share | Income (1) | Capital | Gain | 1250 Gain | |||||||
01/31/12 | 03/30/12 | 04/16/12 | $0.97000 | $0.45590 | $0.00000 | $0.32010 | $0.19400 | |||||||
05/23/12 | 06/29/12 | 07/16/12 | 0. 97000 | 0. 45590 | 0.00000 | 0. 32010 | 0. 19400 | |||||||
09/07/12 | 09/28/12 | 10/15/12 | 0. 97000 | 0. 45590 | 0.00000 | 0. 32010 | 0. 19400 | |||||||
11/08/12 | 12/31/12 | 01/15/13 | 0. 97000 | 0. 45590 | 0.00000 | 0. 32010 | 0. 19400 | |||||||
Totals | $3.88000 | $1.82360 | $0.00000 | $1. 28040 | $0.77600 | |||||||||
100% | 47% | 0% | 33% | 20% | ||||||||||
Components may not sum to the totals due to rounding differences. Additionally, the Company did not incur any foreign taxes, and the information above presents final income allocations.
(1) None of the dividends classified as taxable ordinary income represents "qualified dividend income" and, therefore, are not eligible for capital gains rates.
About AvalonBay Communities, Inc.
As of September 30, 2012, the Company owned or held an interest in 205 apartment communities containing 60,101 apartment homes in nine states and the District of Columbia, of which 22 communities were under construction and seven communities were under reconstruction. AvalonBay is in the business of developing, redeveloping, acquiring, and managing apartment communities in high barrier-to-entry markets of the United States. More information on AvalonBay, an S&P 500 listed company, may be found on AvalonBay's Web site at http://www.avalonbay.com.
Copyright © 2013 AvalonBay Communities, Inc. All Rights Reserved
AvalonBay Communities, Inc.
Jason Reilley
Sr. Manager Investor Relations
703-317-4681
KEYWORDS: United States North America Virginia
INDUSTRY KEYWORDS:
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