Aimco Declares a $1.30 per Share Partial Liquidating Distribution

Aimco (NYSE: AIV) declared a $1.30 per share partial liquidating distribution payable June 3, 2026, to holders of record on May 15, 2026.

Rhea-AI Summary

Aimco (NYSE: AIV) declared a $1.30 per share partial liquidating distribution payable June 3, 2026, to holders of record on May 15, 2026.

The payment is funded by recent asset-sale proceeds: $0.90 per share (midpoint of expected 2Q distribution) plus $0.40 per share from specific property and partnership sales and excess cash. The NYSE will apply due bills during the Distribution Right Period; sellers in that period transfer the right to the distribution to buyers. Aimco approved a Plan of Sale and Liquidation on February 6, 2026, and plans to return net proceeds to stockholders as it sells assets.

Positive

• Partial liquidating distribution of $1.30 per share declared
• Distribution funded by recent asset-sale proceeds and excess cash
• Plan of Sale and Liquidation approved by stockholders on Feb 6, 2026

Negative

• Distribution exceeds 25% of share price, triggering NYSE due bill procedures
• Sellers during Distribution Right Period forfeit the right to the payment

Argus May 1 session

+0.24% close to close Open Argus

Details

News Market Reaction – AIV

In the May 1 session, AIV gained 0.24%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement detailed a $1.30 per-share partial liquidating distribution funded by recent asset...

Analysis

This announcement detailed a $1.30 per-share partial liquidating distribution funded by recent asset sales and excess cash, including assets like 1045 on the Park and The Casas portfolio. It follows prior guidance on sequential liquidating payouts under the approved Plan of Sale and Liquidation. Investors can track how total distributions compare with earlier $5.75–$7.10 per-share estimates and monitor progress on remaining asset sales and liability settlements.

Key Figures

Partial liquidating distribution: $1.30 per share 2Q distribution midpoint: $0.90 per share Additional distribution component: $0.40 per share +5 more

Partial liquidating distribution

$1.30 per share

To stockholders of record as of May 15, 2026; payable June 3, 2026

2Q distribution midpoint

$0.90 per share

Midpoint of Expected 2Q Distribution range for 12 properties under contract

Additional distribution component

$0.40 per share

From 1045 on the Park, The Casas partnership sale, and excess cash

Properties under contract

12 properties

Assets referenced in Expected 2Q Distribution range

Additional portfolio assets

4 assets

Portfolio known as The Casas tied to added distribution

Record date

May 15, 2026

Date for establishing due bill tracking of distribution right

Payment and last trading date

June 3, 2026

Distribution payment date and last trading day in Distribution Right Period

Ex-dividend date

June 4, 2026

Ex-dividend date following payment of liquidating distribution

Historical Context

5 past events · Latest: Mar 02

5 events

1. Mar 02

   Earnings and liquidation

   24h Move

   -1.8%

   Q4 2025 results plus liquidation updates and distribution estimates to shareholders.

2. Feb 19

   Earnings date set

   24h Move

   -1.5%

   Announcement of Q4 2025 earnings date and reminder of liquidation plan approval.

3. Feb 09

   Initial distribution

   24h Move

   +0.7%

   Declaration of initial $1.45 liquidating distribution and details on 12-property sales.

4. Jan 05

   Proxy for liquidation

   24h Move

   +0.5%

   Proxy filing and special meeting date to approve Plan of Sale and Liquidation.

5. Dec 23

   Major asset sale

   24h Move

   +2.9%

   Closing of $520 million Brickell Assemblage sale and deal for two more properties.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

liquidating distribution, due bills, record date, ex-dividend date, +1 more

5 terms

liquidating distribution financial

"declared a $1.30 per share liquidating distribution to be paid on June 3, 2026"

A liquidating distribution is a payment made to shareholders when a company is winding up or selling off its assets, returning the investors’ share of the cash left after debts are paid. Think of it as splitting the proceeds from selling a house: creditors are paid first, then remaining money is handed back to owners; for investors this signals a company is ending operations and affects how much capital they recover and how it’s taxed.

due bills financial

"its common shares will trade with "due bills" representing an assignment of the right"

Due bills are short-term promises to pay for goods or services received earlier but not yet paid for. They act like an IOU, indicating that the buyer owes money to the seller. For investors, due bills matter because they can affect the timing of payments and the true value of a transaction, impacting financial clarity and decision-making.

record date financial

"to stockholders of record as of May 15, 2026"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

ex-dividend date financial

"the last day of trading before the June 4, 2026 ex-dividend date"

The ex-dividend date is the date when a stock starts trading without the value of its next dividend payment included. If you buy the stock on or after this date, you won't receive that upcoming dividend; only those who owned the stock before this date are entitled to it. It matters to investors because it determines who is eligible to receive the dividend and can influence the stock’s price around that time.

View in glossary

Plan of Sale and Liquidation regulatory

"common stockholders approved the Plan of Sale and Liquidation"

A plan of sale and liquidation is a formal outline describing how a company’s assets will be sold and how the proceeds will be distributed to creditors, investors and other claimants during winding-up or bankruptcy. It matters to investors because it determines who gets paid, how much they can expect to recover and the timing of payments — like a structured garage sale that decides what sells first and who receives the money.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DENVER, April 30, 2026 /PRNewswire/ -- Apartment Investment and Management Company ("Aimco" or the "Company") (NYSE: AIV) announced today that Aimco's Board of Directors (the "Board") declared a $1.30 per share liquidating distribution to be paid on June 3, 2026, to stockholders of record as of May 15, 2026.

The distribution is being funded with net proceeds from recently closed asset sales, including $0.90 per share, representing the midpoint of the Expected 2Q Distribution range as previously disclosed and related to the twelve properties which were under contact as of February 9, 2026, plus an additional $0.40 per share related to the sale of 1045 on the Park in Atlanta, GA, the sale of Aimco's partnership interest in a four asset portfolio known as The Casas, and excess cash on hand. 

Because the payment of the liquidating distribution represents more than 25% of the price of the Company's common shares, the NYSE has advised the Company that its common shares will trade with "due bills" representing an assignment of the right to receive the liquidating distribution from the record date of May 15, 2026 through the closing of trading on the NYSE on June 3, 2026, which is the payment date and the last day of trading before the June 4, 2026 ex-dividend date (this period of time representing the "Distribution Right Period").

Stockholders who sell their common shares during the Distribution Right Period will be selling their right to the liquidating distribution, and such stockholders will not be entitled to receive the liquidating distribution. Due bills obligate a seller of common shares to deliver the liquidating distribution payable on such common shares to the buyer (the "Distribution Right"). The record date of May 15, 2026, will be used as the date for establishing the due bill tracking of the Distribution Right to the holder of common shares.

Due bill obligations are customarily settled between the brokers representing the buyers and the sellers of shares. The Company has no obligation for either the amount of the due bill or the processing of the due bill. Buyers and sellers of the Company's common shares should consult their brokers before trading to be sure they understand the effect of NYSE's due bill procedures.

About Aimco
On February 6, 2026, Aimco's common stockholders approved the Plan of Sale and Liquidation. Aimco's strategic liquidation is being undertaken for the sole purpose of maximizing stockholder returns.

Prior to the adoption of the Plan of Sale and Liquidation, Aimco's mission was to make real estate investments, primarily focused on the multifamily sector within targeted U.S. markets, where outcomes were enhanced through our human capital and substantial value was created for investors, teammates, and the communities in which we operated.

Subsequent to the adoption of the Plan of Sale and Liquidation, Aimco plans to sell all assets in an orderly fashion and return net proceeds from asset sales and cash on hand to stockholders, subject to payment of our liabilities and obligations and the creation of associated reserves.

Aimco is traded on the New York Stock Exchange as AIV. For more information about Aimco, please visit our website www.aimco.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aimco-declares-a-1-30-per-share-partial-liquidating-distribution-302759413.html

SOURCE Apartment Investment and Management Company (Aimco)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Aimco (AIV) declaring for shareholders on June 3, 2026?

Aimco will pay a $1.30 per share partial liquidating distribution on June 3, 2026. According to the company, the payment is to holders of record as of May 15, 2026 and is funded by recent asset sales and excess cash.

Why will Aimco (AIV) shares trade with due bills between May 15 and June 3, 2026?

Because the distribution exceeds 25% of the share price, the NYSE requires due bills during the Distribution Right Period. According to the company, due bills transfer the right to the liquidating distribution from sellers to buyers during that period.

How was the $1.30 per share distribution for Aimco (AIV) funded?

The distribution equals $0.90 per share from the midpoint of expected 2Q proceeds plus $0.40 per share from specific property and partnership sales and excess cash. According to the company, proceeds come from recently closed asset sales.

Who is eligible to receive Aimco's (AIV) June 3, 2026 distribution?

Shareholders of record on May 15, 2026 are eligible to receive the June 3 payment. According to the company, transfers during the Distribution Right Period assign the payment right to the buyer via due bills.

What does Aimco's Plan of Sale and Liquidation mean for AIV shareholders?

Aimco plans an orderly sale of all assets and to return net proceeds to shareholders. According to the company, the Plan of Sale and Liquidation was approved on February 6, 2026 and is intended to maximize stockholder returns.