AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2020 Dividend Distributions
Stockholders should review the 2020 tax statements received from their brokerage firms or other institutions to ensure those statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their professional tax advisor with respect to their individual tax reporting positions regarding the Company’s dividend distributions.
As the Company is a REIT, dividends declared in the last quarter 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 Series A 8.25% Cumulative Redeemable Preferred Stock (CUSIP #001228204) are to be classified for income tax purposes as follows:
Record
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Payable
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2020
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2020
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2020
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2020 Return
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2020
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Section 199A
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Totals |
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(1) Qualified Dividends and Section 199A Dividends are a subset of, and included in, the Ordinary Dividends amount. |
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:
Record
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Payable
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2020
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2020
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2020
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2020 Return
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2020
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Section 199A
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Totals |
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(1) Qualified Dividends and Section 199A Dividends are a subset of, and included in, the Ordinary Dividends amount. |
The Company’s distributions per share on its Series C 8.000% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CUSIP #001228402) are to be classified for income tax purposes as follows:
Record
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Payable
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2020
Per Share |
2020
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2020
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2020 Return
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2020
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Section 199A
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Totals |
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(1) Qualified Dividends and Section 199A Dividends are a subset of, and included in, the Ordinary Dividends amount. |
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
About
Additional information can be found on the Company’s website at www.agmit.com.
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20210129005608/en/
Investor Relations
212-692-2110
ir@agmit.com
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