The federal income tax classification of the 2019 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:
Record Date | Payable Date | Total Distribution Per Share | Ordinary Income Per Share (2) | Return of Capital Per Share | Capital Gain Per Share | ||||
- | |||||||||
- | |||||||||
- | |||||||||
- | |||||||||
- | - | - |
(1) Pursuant to Section 857(b)(9) of the Internal Revenue Code of 1986, as amended, cash distributions made on
(2) May be eligible for a 20% deduction through the “qualified business income deduction” under IRC Section 199A(b)(1)(B). Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.
The federal income tax classification of the 2019 distributions on the Company’s 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:
Record Date | Payable Date | Total Distribution Per Share | Ordinary Income Per Share | Return of Capital Per Share | Capital Gain Per Share | |||
- | - | |||||||
- | - | |||||||
- | - | |||||||
- | - |
The federal income tax classification of the 2019 distributions on the Company’s 8.00% Series C Cumulative Redeemable Perpetual Preferred stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:
Record Date | Payable Date | Total Distribution Per Share | Ordinary Income Per Share | Return of Capital Per Share | Capital Gain Per Share | |||
- | - | |||||||
- | - |
Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.
About
Additional information can be found on the Company's website at www.apolloreit.com.
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the
CONTACT:
Investor Relations
(212) 822-0767
Source:
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