Apartment Investment and Management Company Announces 2018 Dividend Income Tax Allocation

DENVER–()–Apartment Investment and Management Company (“Aimco”) (NYSE: AIV and AIVPrA) announced today the 2018 dividend allocation for federal income tax purposes for its Class A Common Stock and its Class A Cumulative Preferred Stock.

Aimco’s tax return for the year ended December 31, 2018, 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.

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
Dividends1

   

Qualified
Dividends
(20% Rate)

   

Capital
Gain
(20% Rate)

   

Unrecaptured
Sec. 1250 Gain
(25% Rate)

   

Return of
Capital

2/16/18     2/28/18     $ 0.38     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
5/18/18     5/31/18     $ 0.38     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
8/17/18     8/31/18     $ 0.38     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
11/16/18     11/30/18     $ 0.38     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
Annual           $ 1.52     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
 

1 The 2018 Taxable Ordinary Dividends are treated as “qualified REIT dividends” for purposes of Internal Revenue Code section 199A.

 

Aimco Preferred Stock

Class A Cumulative Preferred Stock (CUSIP 03748R-76-2)

Record
Date

   

Payable
Date

   

Dividend
per Share

   

Taxable
Ordinary
Dividends1

   

Qualified
Dividends
(20% Rate)

   

Capital
Gain
(20% Rate)

   

Unrecaptured
Sec. 1250 Gain
(25% Rate)

   

Return of
Capital

1/1/18     1/15/18     $ 0.4297     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
4/1/18     4/15/18     $ 0.4297     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
7/1/18     7/15/18     $ 0.4297     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
10/1/18     10/15/18     $ 0.4297     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
Annual           $ 1.7188     33.46881 %     0.00000 %     61.16262 %     5.36857 %     0.00000 %
 

1 The 2018 Taxable Ordinary Dividends are treated as “qualified REIT dividends” for purposes of Internal Revenue Code section 199A.

 

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 133 communities in 17 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.

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