Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2018 Distributions
Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2018 Distributions
PR Newswire
PASADENA, Calif., Jan. 28, 2019
PASADENA, Calif., Jan. 28, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the tax treatment of its year 2018 distributions as described in the chart below. Beginning in 2018, the Tax Cuts and Jobs Act of 2017 added Section 199A to allow for a new tax deduction based on certain qualified business income. Section 199A provides eligible individual taxpayers a deduction of up to 20 percent of their qualified real estate investment trust dividends. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of Alexandria Real Estate Equities, Inc. distributions.
Common Stock
CUSIP # 015271109
Ticker Symbol: ARE
Dividends | Capital Gains | ||||||||||||||||||||||
Record Date | Payment Date | Distribution Per Share | Taxable Ordinary (Box 1a) | Qualified(1) (Box 1b) | Total (Box 2a) | Unrecaptured (Box 2b) | Return of Capital(3) (Box 3) | Section (Box 5) | |||||||||||||||
12/29/17 | 1/15/18 | $ | 0.900000 | $ | 0.628920 | $ | — | $ | 0.236700 | $ | 0.001080 | $ | 0.034380 | $ | 0.628920 | ||||||||
3/29/18 | 4/16/18 | 0.900000 | 0.628920 | — | 0.236700 | 0.001080 | 0.034380 | 0.628920 | |||||||||||||||
6/29/18 | 7/16/18 | 0.930000 | 0.649884 | — | 0.244590 | 0.001116 | 0.035526 | 0.649884 | |||||||||||||||
9/28/18 | 10/15/18 | 0.930000 | 0.649884 | — | 0.244590 | 0.001116 | 0.035526 | 0.649884 | |||||||||||||||
$ | 3.660000 | $ | 2.557608 | $ | — | $ | 0.962580 | $ | 0.004392 | $ | 0.139812 | $ | 2.557608 | ||||||||||
100% | 69.88% | —% | 26.30% | 0.12% | 3.82% | 69.88% | |||||||||||||||||
Series D Convertible Preferred Stock
CUSIP # 015271505
Ticker Symbol: ARE PRD
Dividends | Capital Gains | ||||||||||||||||||||||
Record | Payment | Distribution | Taxable | Qualified(1) | Total | Unrecaptured | Return of | Section | |||||||||||||||
12/29/17 | 1/15/18 | $ | 0.437500 | $ | 0.317844 | $ | — | $ | 0.119656 | $ | 0.000569 | $ | — | $ | 0.317844 | ||||||||
3/29/18 | 4/16/18 | 0.437500 | 0.317844 | — | 0.119656 | 0.000569 | — | 0.317844 | |||||||||||||||
6/29/18 | 7/16/18 | 0.437500 | 0.317844 | — | 0.119656 | 0.000569 | — | 0.317844 | |||||||||||||||
9/28/18 | 10/15/18 | 0.437500 | 0.317844 | — | 0.119656 | 0.000569 | — | 0.317844 | |||||||||||||||
$ | 1.750000 | $ | 1.271376 | $ | — | $ | 0.478624 | $ | 0.002276 | $ | — | $ | 1.271376 | ||||||||||
100% | 72.65% | —% | 27.35% | 0.13% | —% | 72.65% | |||||||||||||||||
(1) | Qualified and Section 199A dividends are a subset of, and included in, the taxable ordinary dividend amount. |
(2) | Unrecaptured Section 1250 gains are a subset of, and included in, the total capital gain amount. |
(3) | Return of capital represents a return of stockholder investment. |
About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is an urban office real estate investment trust (REIT) uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle Park. For more information, please visit www.are.com.
Contact: | Sara M. Kabakoff |
Assistant Vice President – Corporate Communications | |
Alexandria Real Estate Equities, Inc. | |
(626) 788-5578 |
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SOURCE Alexandria Real Estate Equities, Inc.
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