AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2015 Dividend Distributions
Stockholders should review the 2015 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company’s dividend distributions.
During 2015, the Company did not generate qualified dividends income or
make any return of capital distributions. Additionally, because the
Company is a REIT, dividends declared in the last month of a calendar
year with a record date in that calendar year, but which are payable in
January of the following year, are considered paid for Form 1099
reporting purposes on
The Company's distributions per share on its common stock (CUSIP #001228105) are to be classified for income tax purposes as follows:
Security |
Declaration Date |
Record Date |
Payable Date |
2015 Distribution |
2015 Ordinary |
2015 Capital |
|||||||||||||
Common Stock | 12/10/2015 | 12/21/2015 | 1/29/2016 | $ | 0.475 | $ | 0.475 | $ | 0.00 | ||||||||||
Common Stock | 9/10/2015 | 9/21/2015 | 10/30/2015 | $ | 0.60 | $ | 0.60 | $ | 0.00 | ||||||||||
Common Stock | 6/11/2015 | 6/22/2015 | 7/31/2015 | $ | 0.60 | $ | 0.60 | $ | 0.00 | ||||||||||
Common Stock | 3/12/2015 | 3/23/2015 | 4/30/2015 | $ | 0.60 | $ | 0.60 | $ | 0.00 | ||||||||||
Totals | $ | 2.275 | $ | 2.275 | $ | 0.00 |
The Company’s distributions per share on its Series A 8.25% Cumulative Redeemable Preferred Stock (CUSIP #001228204) are to be classified for income tax purposes as follows:
Security |
Declaration Date | Record Date | Payable Date |
2015 Distribution |
2015 Ordinary |
2015 Capital |
|||||||||||||
Series A Preferred | 11/13/2015 | 11/30/2015 | 12/17/2015 | $ | 0.51563 | $ | 0.51563 | $ | 0.00 | ||||||||||
Series A Preferred | 8/14/2015 | 8/31/2015 | 9/17/2015 | $ | 0.51563 | $ | 0.51563 | $ | 0.00 | ||||||||||
Series A Preferred | 5/14/2015 | 5/29/2015 | 6/17/2015 | $ | 0.51563 | $ | 0.51563 | $ | 0.00 | ||||||||||
Series A Preferred | 2/12/2015 | 2/27/2015 | 3/17/2015 | $ | 0.51563 | $ | 0.51563 | $ | 0.00 | ||||||||||
Totals | $ | 2.06252 | $ | 2.06252 | $ | 0.00 |
The Company’s distributions per share on its Series B 8.00% Cumulative Redeemable Preferred Stock (CUSIP #001228303) are to be classified for income tax purposes as follows:
Security |
Declaration Date | Record Date | Payable Date |
2015 Distribution |
2015 Ordinary |
2015 Capital |
|||||||||||||
Series B Preferred | 11/13/2015 | 11/30/2015 | 12/17/2015 | $ | 0.50 | $ | 0.50 | $ | 0.00 | ||||||||||
Series B Preferred | 8/14/2015 | 8/31/2015 | 9/17/2015 | $ | 0.50 | $ | 0.50 | $ | 0.00 | ||||||||||
Series B Preferred | 5/14/2015 | 5/29/2015 | 6/17/2015 | $ | 0.50 | $ | 0.50 | $ | 0.00 | ||||||||||
Series B Preferred | 2/12/2015 | 2/27/2015 | 3/17/2015 | $ | 0.50 | $ | 0.50 | $ | 0.00 | ||||||||||
Totals | $ | 2.00 | $ | 2.00 | $ | 0.00 |
The information provided in this press release is provided for informational purposes only and does not constitute tax advice. Stockholders are urged to consult their own tax advisors regarding the particular consequences of the distributions to them, including the applicability and effect of U.S. federal, state, local and foreign tax laws.
About
View source version on businesswire.com: http://www.businesswire.com/news/home/20160121006327/en/
Source:
AG Mortgage Investment Trust, Inc.
Investor Relations
Karen
Werbel, 212-692-2110
ir@agmit.com