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Ventas Announces Tax Treatment of 2020 Distributions

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Ventas, Inc. (NYSE: VTR) (the “Company”) announced today the tax treatment of its 2020 distributions on the Company’s common stock.

For income tax purposes, total taxable dividend income for 2020 was $2.485 per share. This includes the Company’s fourth quarter 2019 dividend of $0.7925 per share, which was declared on December 6, 2019 and was paid on January 13, 2020. It excludes the Company’s fourth quarter 2020 dividend, which was declared on December 11, 2020, will be paid on January 20, 2021 and will be taxable to stockholders as part of their 2021 dividend income.

The following table summarizes the nature of these cash distributions and provides the appropriate Form 1099-DIV box number:

 

2020 DISTRIBUTIONS ON VENTAS COMMON STOCK

Date Paid

Taxable

Distribution

Box 1a
Ordinary
Dividend

Box 1b
Qualified
Dividend (Included in

Box 1a)

 

 

 

 

 

Box 5

199A

Dividend

(Included in Box 1a)

 

 

 

 

 

 

 Box 2a

Capital

Gain Distr.

 

 

 

Box 2b

Unrecap. Section

1250 Gain

(Included in

Box 2a)

Jan. 13, 2020

$0.792500

$0.685909

$0.002219

$0.683690

$0.106591

$0.015859

Apr. 14, 2020

$0.792500

$0.685909

$0.002219

$0.683690

$0.106591

$0.015859

July 14, 2020

$0.450000

$0.389475

$0.001260

$0.388215

$0.060525

$0.009005

Oct. 13, 2020

$0.450000

$0.389475

$0.001260

$0.388215

$0.060525

$0.009005

Total Taxable in 2020

$2.485000

$2.150768

$0.006958

$2.143810

$0.334232

$0.049728

The 2020 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Stockholders are encouraged to consult their own tax advisors regarding the tax consequences of these distributions.

About Ventas

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – healthcare and real estate. As one of the world’s foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population. For more than twenty years, Ventas has followed a successful strategy that endures: combining a high-quality diversified portfolio of properties and capital sources to manage through cycles, working with industry leading partners, and a collaborative and experienced team focused on producing consistent growing cash flows and superior returns on a strong balance sheet, ultimately rewarding Ventas stakeholders. As of September 30, 2020, Ventas owned or managed through unconsolidated joint ventures approximately 1,200 properties.

Ventas, Inc.

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About VTR

celebrating our 20th anniversary in 2018, ventas is an s&p; 500 company and leading real estate investment trust (reit). as the leading capital provider for healthcare real estate with more than $40 billion of investments under our belt, we own communities where patients and their families receive health and healing; where world class researchers discover treatments for disease; and where seniors live with dignity. our diverse property portfolio combines seniors housing, life science research and innovation centers, medical office buildings, health system complexes, and post-acute care facilities. thanks to our financial strength and liquidity, our stock and robust dividend provides secure retirement savings and income to pensioners, firefighters, teachers and individuals around the world. ventas takes our esg (environment, social & governance) commitments seriously, emphasizing strong corporate governance; encouraging community engagement through social and financial support to the co