STOCK TITAN

Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Ares Commercial Real Estate (NYSE: ACRE) has released its tax treatment information for 2024 common stock distributions. The company declared quarterly dividends of $0.25 per share for the second, third, and fourth quarters of 2024, with payments scheduled for April 16, July 16, and October 15, 2024.

Of the total $0.75 per share distributed in 2024, $0.6726 is classified as ordinary dividends and $0.0774 as nondividend distributions. The January 2024 distribution of $0.33 per share was treated as taxable in 2023, while the January 2025 distribution of $0.25 will be allocable to 2025. None of the distributions qualified for capital gain treatment.

Ares Commercial Real Estate (NYSE: ACRE) ha rilasciato informazioni sul trattamento fiscale delle distribuzioni di azioni ordinarie per il 2024. L'azienda ha dichiarato dividendi trimestrali di $0,25 per azione per il secondo, terzo e quarto trimestre del 2024, con pagamenti programmati per il 16 aprile, 16 luglio e 15 ottobre 2024.

Dei $0,75 per azione totali distribuiti nel 2024, $0,6726 è classificato come dividendi ordinari e $0,0774 come distribuzioni non da dividendo. La distribuzione di gennaio 2024 di $0,33 per azione è stata trattata come tassabile nel 2023, mentre la distribuzione di gennaio 2025 di $0,25 sarà allocata al 2025. Nessuna delle distribuzioni ha qualificato per il trattamento sui guadagni di capitale.

Ares Commercial Real Estate (NYSE: ACRE) ha publicado su información sobre el tratamiento fiscal de las distribuciones de acciones comunes para 2024. La compañía declaró dividendos trimestrales de $0.25 por acción para el segundo, tercer y cuarto trimestre de 2024, con pagos programados para el 16 de abril, 16 de julio y 15 de octubre de 2024.

Del total de $0.75 por acción distribuidos en 2024, $0.6726 se clasifica como dividendos ordinarios y $0.0774 como distribuciones no de dividendo. La distribución de enero de 2024 de $0.33 por acción fue tratada como imponible en 2023, mientras que la distribución de enero de 2025 de $0.25 se asignará a 2025. Ninguna de las distribuciones calificó para el tratamiento de ganancias de capital.

Ares Commercial Real Estate (NYSE: ACRE)는 2024년 일반 주식 분배에 대한 세금 처리 정보를 발표했습니다. 회사는 2024년 두 번째, 세 번째 및 네 번째 분기마다 주당 $0.25의 분기 배당금을 선언하였으며, 지급일은 2024년 4월 16일, 7월 16일, 10월 15일로 예정되어 있습니다.

2024년에 분배된 총 $0.75 per share$0.6726은 일반 배당금으로 분류되고 $0.0774은 비배당 분배로 분류됩니다. 2024년 1월의 주당 $0.33 배분은 2023년에 과세 대상으로 취급되었으며, 2025년 1월의 주당 $0.25 배분은 2025년으로 할당될 것입니다. 분배의 어느 것도 자본 이득 처리 자격이 없습니다.

Ares Commercial Real Estate (NYSE: ACRE) a publié ses informations sur le traitement fiscal des distributions d'actions ordinaires pour 2024. La société a déclaré des dividendes trimestriels de 0,25 $ par action pour le deuxième, troisième et quatrième trimestre de 2024, avec des paiements prévus pour le 16 avril, le 16 juillet et le 15 octobre 2024.

Sur le total de 0,75 $ par action distribués en 2024, 0,6726 $ est classé comme dividendes ordinaires et 0,0774 $ comme distributions non dividendes. La distribution de janvier 2024 de 0,33 $ par action a été considérée comme imposable en 2023, tandis que la distribution de janvier 2025 de 0,25 $ sera attribuée à 2025. Aucune des distributions n'a été éligible pour le traitement des gains en capital.

Ares Commercial Real Estate (NYSE: ACRE) hat Informationen zur steuerlichen Behandlung der Ausschüttungen von Stammaktien für 2024 veröffentlicht. Das Unternehmen hat vierteljährliche Dividenden von 0,25 $ pro Aktie für das zweite, dritte und vierte Quartal 2024 erklärt, mit Zahlungen, die für den 16. April, 16. Juli und 15. Oktober 2024 vorgesehen sind.

Von den insgesamt 0,75 $ pro Aktie, die 2024 verteilt werden, werden 0,6726 $ als ordentliche Dividenden und 0,0774 $ als Nichtdividenden-Ausschüttungen klassifiziert. Die Ausschüttung im Januar 2024 in Höhe von 0,33 $ pro Aktie wurde 2023 als steuerpflichtig behandelt, während die Ausschüttung im Januar 2025 in Höhe von 0,25 $ dem Jahr 2025 zugeordnet wird. Keine der Ausschüttungen qualifizierte sich für die Behandlung von Kapitalgewinnen.

Positive
  • Maintained consistent quarterly dividend of $0.25 per share throughout 2024
  • 89.7% of distributions qualified as Section 199A dividends
Negative
  • Reduced quarterly dividend from $0.33 to $0.25 per share compared to previous period

NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2024 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-8).

 

Form 1099 Reference:

Box 1a

Box 1b

Box 2a

Box 3

Box 5

Record
Date

Payment
Date

Cash
Distribution
Per Share

Allocable
to 2024

Total
Ordinary
Dividends

Qualified
Dividends (1)

Total Capital
Gain
Distributions

Nondividend
Distributions

Section
199A
Dividends (1)

 

12/29/2023

 

1/17/2024

 

$0.3300(2)

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

3/28/2024

 

4/16/2024

 

$0.2500

 

$0.2500

 

$0.2242

 

$0.0000

 

$0.0000

 

$0.0258

 

$0.2242

 

6/28/2024

 

7/16/2024

 

$0.2500

 

$0.2500

 

$0.2242

 

$0.0000

 

$0.0000

 

$0.0258

 

$0.2242

 

9/30/2024

 

10/15/2024

 

$0.2500

 

$0.2500

 

$0.2242

 

$0.0000

 

$0.0000

 

$0.0258

 

$0.2242

 

12/31/2024

 

1/15/2025

 

$0.2500(3)

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

Totals

$0.7500

$0.6726

$0.0000

$0.0000

$0.0774

$0.6726

(1)

Boxes 1b and 5 are subsets of, and included in, Box 1a.

(2)

The entire distribution of $0.3300 per share was treated as taxable in 2023 pursuant to Section 857(b)(9) of the Internal Revenue Code.

(3)

The entire distribution of $0.2500 per share is allocable to 2025.

The amounts indicated above are not classified as excess inclusion income. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company’s distributions.

About Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company provides a broad offering of flexible and reliable financing solutions for commercial real estate owners and operators. The Company originates senior mortgage loans, as well as subordinate financings, mezzanine debt and preferred equity, with an emphasis on providing value added financing on a variety of properties located in liquid markets across the United States. Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation. For more information, please visit www.arescre.com. The contents of such website are not, and should not be deemed to be, incorporated by reference herein.

Investor Relations:

Ares Commercial Real Estate Corporation

Carl Drake or John Stilmar

888-818-5298

iracre@aresmgmt.com

Source: Ares Commercial Real Estate Corporation

FAQ

What is ACRE's dividend payment schedule for 2024?

ACRE pays quarterly dividends of $0.25 per share, with payments scheduled for April 16, July 16, and October 15, 2024.

How much of ACRE's 2024 distributions are classified as ordinary dividends?

$0.6726 per share of ACRE's 2024 distributions are classified as ordinary dividends.

What is the tax treatment of ACRE's January 2024 distribution?

The $0.33 per share January 2024 distribution was treated as taxable in 2023 pursuant to Section 857(b)(9) of the Internal Revenue Code.

How are ACRE's 2024 distributions classified between ordinary dividends and nondividend distributions?

Of the $0.75 per share total distribution, $0.6726 is classified as ordinary dividends and $0.0774 as nondividend distributions.

What portion of ACRE's 2024 distributions qualify as Section 199A dividends?

$0.6726 per share of ACRE's 2024 distributions qualify as Section 199A dividends.

Ares Coml Real Estate Corp

NYSE:ACRE

ACRE Rankings

ACRE Latest News

ACRE Stock Data

273.74M
50.93M
7.26%
44.61%
2.99%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States
NEW YORK