Aimco Announces 2012 Dividend Income Tax Allocation

Updated

Aimco Announces 2012 Dividend Income Tax Allocation

DENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company ("Aimco") (NYSE: AIV, AIVPrT, AIVPrU, AIVPrV, AIVPrY and AIVPrZ) announced today the 2012 dividend allocation for federal income tax purposes for its Class A Common Stock and its publicly traded preferred stock.

Aimco's tax return for the year ended December 31, 2012, has not yet been filed. As a result, the income tax allocation for the dividends discussed below has been calculated using the best available information as of the date of this release.


Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders as to how dividends should be reported on their tax returns. Also note that state and local taxation of real estate investment trust dividends varies and may not be the same as the taxation under federal rules. Aimco encourages shareholders to consult with their own tax advisors with respect to federal, state and local income tax effects of these dividends.

Class A Common Stock (CUSIP 03748R-10-1)

Record
Date

Payable
Date

Dividend
per Share

Taxable
Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured
Sec. 1250 Gain
(25% Rate)

Return of
Capital

2/21/12

2/29/12

$0.18

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

5/18/12

5/31/12

$0.18

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

8/17/12

8/31/12

$0.20

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

11/16/12

11/30/12

$0.20

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$0.76

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Aimco Preferred Stock

Class T Cumulative Preferred Stock (CUSIP 03748R-83-8)

Record
Date

Payable
Date

Dividend
per Share

Taxable

Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured

Sec. 1250 Gain
(25% Rate)

Return of
Capital

1/1/12

1/15/12

$0.5000

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

4/1/12

4/15/12

$0.5000

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

6/15/12

6/15/12

$0.3445

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$1.3445

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

On June 15, 2012, Aimco redeemed all outstanding shares of its Class T Cumulative Preferred Stock at $25.00 per share plus an amount equal to accumulated and unpaid dividends thereon to the redemption date of $0.3445 per share. $25.00 per share should be treated as redemption proceeds.

Class U Cumulative Preferred Stock (CUSIP 03748R-82-0)

Record
Date

Payable
Date

Dividend
per Share

Taxable
Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured
Sec. 1250 Gain
(25% Rate)

Return of
Capital

1/1/12

1/15/12

$0.4844

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

4/1/12

4/15/12

$0.4844

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

7/1/12

7/15/12

$0.4844

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$1.4532

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

On July 26, 2012, Aimco redeemed all outstanding shares of its Class U Cumulative Preferred Stock at $25.0646 per share. $25.0646 per share should be treated as redemption proceeds.

Class V Cumulative Preferred Stock (CUSIP 03748R-81-2)

Record
Date

Payable

Date

Dividend
per Share

Taxable
Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured
Sec. 1250 Gain
(25% Rate)

Return of
Capital

1/1/12

1/15/12

$0.5000

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

4/1/12

4/15/12

$0.5000

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

6/15/12

6/15/12

$0.3445

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$1.3445

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

On June 15, 2012, Aimco redeemed all outstanding shares of its Class V Cumulative Preferred Stock at $25.00 per share plus an amount equal to accumulated and unpaid dividends thereon to the redemption date of $0.3445 per share. $25.00 per share should be treated as redemption proceeds.

Class Y Cumulative Preferred Stock (CUSIP 03748R-79-6)

Record
Date

Payable

Date

Dividend
per Share

Taxable
Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured
Sec. 1250 Gain
(25% Rate)

Return of
Capital

1/1/12

1/15/12

$0.4922

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

4/1/12

4/15/12

$0.4922

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

6/15/12

6/15/12

$0.3380

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$1.3224

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

On June 15, 2012, Aimco redeemed all outstanding shares of its Class Y Cumulative Preferred Stock at $25.00 per share plus an amount equal to accumulated and unpaid dividends thereon to the redemption date of $0.3380 per share. $25.00 per share should be treated as redemption proceeds.

Class Z Cumulative Preferred Stock (CUSIP 03748R-77-0)

Record
Date

Payable
Date

Dividend
per Share

Taxable
Ordinary
Dividends

Qualified
Dividends
(15% Rate)

Capital
Gain
(15% Rate)

Unrecaptured
Sec. 1250 Gain
(25% Rate)

Return of
Capital

1/1/12

1/15/12

$0.4375

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

4/1/12

4/15/12

$0.4375

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

7/1/12

7/15/12

$0.4375

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

10/1/12

10/15/12

$0.4375

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Annual

$1.7500

0.00000%

0.00000%

46.55494%

53.44506%

0.00000%

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with 319 communities in 29 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.



Aimco
Elizabeth Coalson, 303-691-4327
Vice President Investor Relations
Elizabeth.Coalson@Aimco.com

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS:

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