Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2024 Distributions
Rhea-AI Summary
Alexandria Real Estate Equities (NYSE: ARE) has disclosed its tax treatment for 2024 distributions. The company distributed a total of $5.14 per share across four quarterly payments. The distributions comprised:
- 65.65% ($3.374410) as taxable ordinary dividends
- 32.75% ($1.683350) as capital gains
- 1.60% ($0.082240) as return of capital
The quarterly distributions were $1.27 per share for Q1 and Q2, increasing to $1.30 per share for Q3 and Q4. Of the capital gains portion, 13.95% ($0.717030) was categorized as Unrecaptured Section 1250 gains. The company noted that stockholders should consult their tax advisors regarding their specific tax treatment of these distributions.
Positive
- Consistent quarterly dividend payments throughout 2024
- Dividend increase from $1.27 to $1.30 per share in second half of 2024
Negative
- None.
News Market Reaction – ARE
In the trading session that priced this news, ARE gained 1.17%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Common Stock
CUSIP # 015271109
Ticker Symbol: ARE
Dividends | Capital Gains | Section 897(4) | Section 897(4) Capital Gains | Return of Capital(5) (Box 3) | Section 199A(1) Dividends (Box 5) | |||||||||||||||
Record Date | Payment Date | Distribution Per Share | Taxable Ordinary (Box 1a) | Qualified(1) (Box 1b) | Total(2) (Box 2a) | Unrecaptured (Box 2b) | ||||||||||||||
12/29/23 | 1/12/24 | $ 1.270000 | $ 0.833755 | $ — | $ 0.415925 | $ 0.177165 | $ 0.037719 | $ 0.253873 | $ 0.020320 | $ 0.833755 | ||||||||||
3/28/24 | 4/15/24 | 1.270000 | 0.833755 | — | 0.415925 | 0.177165 | 0.037719 | 0.253873 | 0.020320 | 0.833755 | ||||||||||
6/28/24 | 7/15/24 | 1.300000 | 0.853450 | — | 0.425750 | 0.181350 | 0.038610 | 0.259870 | 0.020800 | 0.853450 | ||||||||||
9/30/24 | 10/15/24 | 1.300000 | 0.853450 | — | 0.425750 | 0.181350 | 0.038610 | 0.259870 | 0.020800 | 0.853450 | ||||||||||
$ 5.140000 | $ 3.374410 | $ — | $ 1.683350 | $ 0.717030 | $ 0.152658 | $ 1.027486 | $ 0.082240 | $ 3.374410 | ||||||||||||
100 % | 65.65 % | — % | 32.75 % | 13.95 % | 2.97 % | 19.99 % | 1.60 % | 65.65 % | ||||||||||||
(1) | Qualified and Section 199A dividends are a subset of, and included in, the taxable ordinary dividends amount. |
(2) | For purposes of Section 1061 and Treasury Regulation §1.1061-6(c), the aggregate "One Year Amounts Disclosure" and "Three Year Amounts Disclosure" are |
(3) | Unrecaptured Section 1250 gains are a subset of, and included in, the total capital gains amount. |
(4) | These amounts reflect a distribution's composition of gains from the disposition of " |
(5) | 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 a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus™ ecosystems in AAA life science innovation cluster locations, including
Contact: Sara Kabakoff, Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com
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SOURCE Alexandria Real Estate Equities, Inc.