American Assets Trust, Inc. Releases Tax Status of 2025 Distributions
Rhea-AI Summary
American Assets Trust (NYSE: AAT) disclosed the 2025 tax characterization for its common stock dividends. Each quarterly distribution was $0.340 per share, totaling $1.360 per share for 2025.
The company reports the 2025 distribution breakdown as: Taxable ordinary dividends $0.561920, Long-term capital gain $0.238604, Unrecaptured Sec. 1250 gain $0.171588, Section 199A dividends $0.561920, and Return of capital $0.559476. The company reported no foreign taxes for 2025. Stockholders are advised to consult personal tax advisors for individual treatment.
Positive
- Total distributions of $1.360 per share for 2025
- Consistent quarterly payouts of $0.340 per share
- Clear tax breakdown including $0.561920 ordinary dividends
Negative
- Return of capital of $0.559476 (~41.1% of total) reduces tax basis
- Long-term capital gain portion is only $0.238604 (~17.6% of total)
News Market Reaction – AAT
On the day this news was published, AAT declined 0.98%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
AAT gained 0.44% with mixed peer moves: GNL and SAFE were positive, while AHH, CTO, and GOOD declined. No broad REIT rotation is indicated by this data.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 09 | Earnings call date | Neutral | +0.8% | Announced Q4 and year-end 2025 earnings release date and call details. |
| Oct 28 | Q3 2025 earnings | Positive | +0.1% | Reported Q3 results and raised 2025 FFO guidance with steady dividends. |
| Sep 30 | Earnings call date | Neutral | +0.1% | Set schedule and access details for Q3 2025 earnings call. |
| Jul 29 | Q2 2025 earnings | Neutral | -6.6% | Reported mixed Q2 2025 results with modestly higher FFO guidance. |
Recent earnings-related news generally saw modest positive reactions, except for a sharper decline on mixed Q2 2025 results.
Over the past six months, American Assets Trust has focused on earnings communication and guidance. Q2 and Q3 2025 results highlighted mixed fundamentals but included raised FFO guidance and stable liquidity, with common dividends at $0.340 per quarter. Earnings release date announcements in September 2025 and January 2026 prompted only small gains. Against this backdrop, the 2025 dividend tax classification update fits a pattern of routine investor information rather than a new fundamental catalyst.
Market Pulse Summary
This announcement details the 2025 tax classification of American Assets Trust’s $1.360 per-share common dividend, breaking it into ordinary income, long-term capital gain, unrecaptured Section 1250 gain, Section 199A dividends, and return of capital. It adds clarity for shareholder tax reporting but does not introduce new operating or balance sheet information. In context of recent earnings and guidance updates, this fits as routine disclosure rather than a fresh business catalyst.
Key Terms
cusip financial
lt capital gain financial
unrecaptured sec. 1250 gain financial
section 199a dividends financial
return of capital financial
AI-generated analysis. Not financial advice.
SAN DIEGO, Jan. 21, 2026 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2025 dividend distributions as follows:
Security Descriptions: Common Stock
CUSIP: 024013104
Ticker Symbol: AAT
| Record Date | Payable Date | Total Distribution Per Share | Allocable to 2025 | Taxable Ordinary Dividend | LT Capital Gain | Unrecaptured Sec. 1250 Gain | Section 199A Dividends | Return of Capital | |||||||
| 03/06/25 | 03/20/25 | ||||||||||||||
| 06/05/25 | 06/19/25 | ||||||||||||||
| 09/04/25 | 09/18/25 | ||||||||||||||
| 12/04/25 | 12/18/25 | ||||||||||||||
| Total | |||||||||||||||
The Company did not incur any foreign taxes during 2025. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividend distributions and the information contained herein.
About American Assets Trust, Inc.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation’s most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The company's office portfolio comprises approximately 4.3 million rentable square feet, and its retail portfolio comprises approximately 2.4 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,302 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. For additional information, please visit www.americanassetstrust.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: adverse economic or real estate developments in our markets; defaults on, early terminations of or non-renewal of leases by tenants, including significant tenants; decreased rental rates or increased vacancy rates; our failure to generate sufficient cash flows to service our outstanding indebtedness; fluctuations in interest rates and increased operating costs; our failure to obtain necessary outside financing; our inability to develop or redevelop our properties due to market conditions; investment returns from our developed properties may be less than anticipated; general economic conditions, including the impact of tariffs and other trade restrictions; the potential impact of a prolonged government shutdown; financial market fluctuations; risks that affect the general office, retail, multifamily and mixed-use environment; the competitive environment in which we operate; system failures or security incidents through cyberattacks; the impact of epidemics, pandemics, or other outbreaks of illness, disease or virus and the actions taken by government authorities and others related thereto, including the ability of our company, our properties and our tenants to operate; difficulties in identifying properties to acquire and completing acquisitions; our failure to successfully operate acquired properties and operations; risks related to joint venture arrangements; potential litigation; difficulties in completing dispositions; conflicts of interests with our officers or directors; lack or insufficient amounts of insurance; environmental uncertainties and risks related to adverse weather conditions and natural disasters; other factors affecting the real estate industry generally; limitations imposed on our business and our ability to satisfy complex rules in order for American Assets Trust, Inc. to continue to qualify as a REIT, for U.S. federal income tax purposes; and changes in governmental regulations or interpretations thereof, such as real estate and zoning laws and increases in real property tax rates and taxation of REITs. While forward-looking statements reflect the company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. For a further discussion of these and other factors that could cause the company's future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the company's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by the company from time to time with the Securities and Exchange Commission. The company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.
Source: American Assets Trust, Inc.
Investor and Media Contact:
American Assets Trust
Robert F. Barton
Executive Vice President and Chief Financial Officer
858-350-2607
FAQ
What was American Assets Trust's total dividend per share for 2025 (AAT)?
How much of AAT's 2025 distributions were taxable ordinary dividends?
What return of capital did AAT report for 2025 distributions?
Did American Assets Trust incur foreign taxes on 2025 dividends (AAT)?
What were the AAT 2025 long-term capital gain and Section 199A amounts?
