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AvalonBay Communities Announces 2018 Dividend Income Tax Treatment

ARLINGTON, Va.--(BUSINESS WIRE)--

AvalonBay Communities, Inc. (the “Company”) (AVB) announced today the final income allocations of the Company’s 2018 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)(2)

 

Return of

Capital

 

Capital

Gain

 

Unrecap.
Section

1250 Gain

 
01/30/18 03/29/18 04/16/18 $

1.47000

$ 1.11720 $ 0.00000 $ 0.16170 $ 0.19110
05/23/18 06/29/18 07/16/18 1.47000

1.11720

0.00000

0.16170

0.19110

09/18/18 09/28/18 10/15/18 1.47000

1.11720

0.00000

0.16170

0.19110

11/14/18 12/31/18 01/15/19   1.47000    

1.11720

    0.00000    

0.16170

   

0.19110

Totals $ 5.88000 $ 4.46880 $ 0.00000 $

0.64680

$ 0.76440
  100%     76%     0%     11%     13%

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.”
(2) 100% of the dividends classified as taxable ordinary income are treated as qualified REIT dividends for purposes of Internal Revenue Code Section 199A.

Please consult your tax advisor.

About AvalonBay Communities, Inc.

As of September 30, 2018, the Company owned or held a direct or indirect ownership interest in 290 apartment communities containing 84,490 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and 15 communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring, and managing multifamily communities primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. More information may be found on the Company’s website at http://www.avalonbay.com.

Copyright © 2019 AvalonBay Communities, Inc. All Rights Reserved

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