Press Release

Email page PDF view Print view Email Alert Social media sharing
Building new communities

AvalonBay Communities Announces 2017 Dividend Income Tax Treatment

Company Release - 1/16/2018 4:15 PM ET

ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today the final income allocations of the Company’s 2017 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)

 

Declaration
Date

Record Date

Payable Date

Distribution
Per Share

Taxable
Ordinary
Income (1)

Return of
Capital

Capital Gain

Unrecap.
Section 1250
Gain

 
01/30/17 03/31/17 04/17/17 $ 1.42000 $ 1.06500 $ 0.00000 $ 0.25560 $ 0.09940
05/18/17 06/30/17 07/17/17 1.42000 1.06500 0.00000 0.25560 0.09940
09/14/17 09/29/17 10/16/17 1.42000 1.06500 0.00000 0.25560 0.09940
11/09/17 12/29/17 01/16/18 1.42000 1.06500 0.00000 0.25560 0.09940
                 
 

 

$ 5.68000 $ 4.26000 $ 0.00000 $ 1.02240 $ 0.39760

Totals

  100%     75%     0%     18%     7%
 

Components may not sum to the totals due to rounding differences. The information above presents final income allocations.

(1) None of the dividends classified as taxable ordinary income represents “qualified dividend income.”

About AvalonBay Communities, Inc.

As of September 30, 2017, the Company owned or held a direct or indirect ownership interest in 286 apartment communities containing 82,964 apartment homes in 11 states and the District of Columbia, of which 23 communities were under development and ten communities were under redevelopment. 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 regions of the United States. More information may be found on the Company’s website at http://www.avalonbay.com.

Copyright © 2018 AvalonBay Communities, Inc. All Rights Reserved

AvalonBay Communities, Inc.
Jason Reilley
Vice President
Investor Relations
703-317-4681

Source: AvalonBay Communities, Inc.