VIRGINIA BEACH, Va., Feb. 15, 2023 (GLOBE NEWSWIRE) — Armada Hoffler ahh announced the income tax treatment of its 2022 dividend distributions to holders of the Company’s common and preferred stock.
This information represents final income allocations as reported on Form 1099-DIV. The tax information provided should not be construed as tax advice. Shareholders are encouraged to consult their personal tax advisers as to their specific tax treatment of the Company’s distributions. As of 2018, ordinary taxable income per common and preferred share is equal to the 199A dividend introduced by the Tax Cuts and Employment Act of 2017.
Common Stock Dividends
NYSE ticker symbol: AHH
CUSIP #04208T 10 8
A: #46-1214914
| Line 1a Ordinary Total Dividends | 65.64% |
| Line 2e Section 897 Ordinary Dividends | 65.64% |
| Line 3 non-dividend distributions | 34.36% |
| Line 5 Section 199A Dividends | 65.64% |
| Totally ordinary | 65.64% |
| Total return on capital | 34.36% |
| In total | 100.00% |
Series A Preferred Dividends
NYSE ticker symbol: AHHPrA
CUSIP #04208T 20 7
A: #46-1214914
| Line 1a Ordinary Total Dividends | 100.00% |
| Line 2e Section 897 Ordinary Dividends | 100.00% |
| Line 5 Section 199A Dividends | 100.00% |
| Totally ordinary | 100.00% |
Line 2e – The amount of dividends treated as a disposal of investments in US real estate assets for purposes of Internal Revenue Code (IRC) Section 897 is set out in Boxes 2e and 2f. Box 2e is a subset of and includes the taxable ordinary dividend amounts for 2022 (line 1a).
Line 5 – These amounts are a subset of and included in the taxable ordinary dividend amounts for 2022 (Line 1a).
About Armada Höffler
Armada Hoffler ahh is a vertically integrated, self-managed real estate investment trust with over four decades of experience in the development, construction, acquisition and management of quality office, retail and multifamily properties located primarily in the mid-Atlantic and southeastern United States. We also provide general construction and…
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