Independence Realty Trust Announces Tax Treatment of Dividends in 2019
01 February 2020 - 8:05AM
Business Wire
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today
announced the tax reporting information for the 2019 dividend
distributions on its common stock. The final income allocations as
they will be reported on Form 1099-DIV are set forth in the
following table:
Common Shares (CUSIP #45378A106)
Record Date
Payment Date
Distribution Per Share
Ordinary Dividend
Total Capital Gain
Distr.
Unrecap- tured Sec. 1250
Gain
Return of Capital
Section 199A
12/27/2018
1/24/2019
$0.1800
$0.027931
$0.124707
$0.056314
$0.027362
$0.027931
3/29/2019
4/25/2019
$0.1800
$0.027931
$0.124707
$0.056314
$0.027362
$0.027931
6/28/2019
7/25/2019
$0.1800
$0.027931
$0.124707
$0.056314
$0.027362
$0.027931
9/27/2019
10/25/2019
$0.1800
$0.027931
$0.124707
$0.056314
$0.027362
$0.027931
IRT’s dividend paid on January 24, 2020 to holders of record on
December 26, 2019 will be treated as a 2020 distribution for tax
purposes.
IRT encourages shareholders to consult with their personal tax
advisors with respect to the federal, state, and local income tax
effects of these dividends.
About Independence Realty Trust, Inc.
Independence Realty Trust (NYSE: IRT) is a real estate
investment trust that owns and operates multifamily apartment
properties across non-gateway U.S. markets, including Atlanta,
Louisville, Memphis, and Raleigh. IRT’s investment strategy is
focused on gaining scale within key amenity rich submarkets that
offer good school districts, high-quality retail and major
employment centers. IRT aims to provide stockholders attractive
risk-adjusted returns through diligent portfolio management, strong
operational performance, and a consistent return of capital through
distributions and capital appreciation. More information may be
found on the Company’s website www.irtliving.com.
Forward-Looking Statements
This press release may contain certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Such forward-looking statements can generally
be identified by our use of forward-looking terminology such as
“will,” “strategy,” “expects,” “seeks,” “believes,” “potential,” or
other similar words. Because such statements include risks,
uncertainties and contingencies, actual results may differ
materially from the expectations, intentions, beliefs, plans or
predictions of the future expressed or implied by such
forward-looking statements. These forward-looking statements are
based upon the current beliefs and expectations of IRT’s management
and are inherently subject to significant business, economic and
competitive uncertainties and contingencies, many of which are
difficult to predict and generally not within IRT’s control. In
addition, these forward-looking statements are subject to
assumptions with respect to future business strategies and
decisions that are subject to change. These risks, uncertainties
and contingencies include, but are not limited to, those disclosed
in IRT’s filings with the Securities and Exchange Commission. IRT
undertakes no obligation to update these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events, except as may be
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20200131005569/en/
Independence Realty Trust, Inc. Edelman Financial
Communications & Capital Markets Ted McHugh and Lauren Tarola
212-277-4322 IRT@edelman.com
Independence Realty (NYSE:IRT)
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