American Tower Corporation Announces Tax Reporting Information for 2020 Distributions

Rhea-AI Summary

American Tower Corporation (NYSE: AMT) announced year-end tax reporting for its 2020 distributions. Key dates include record dates of 04/14/2020, 06/19/2020, and 09/28/2020, with corresponding payment dates of 04/29/2020, 07/10/2020, and 10/16/2020. Cash distributions per share were $1.08, $1.10, and $1.14. Ordinary taxable dividends matched cash distributions across these dates. The tax year showed no unrecaptured section 1250 gains or non-dividend distributions. The quarterly distribution declared on December 3, 2020, will apply to 2021.

Investors should consult tax advisors for specific treatment.

Positive

• No unrecaptured section 1250 gains or non-dividend distributions were reported, simplifying tax reporting for shareholders.
• Steady cash distributions of $1.08, $1.10, and $1.14 per share throughout 2020, indicating financial stability.

Negative

• None.

American Tower Corporation (NYSE: AMT) today announced year-end tax reporting information for its 2020 distributions. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment.

American Tower Corporation Common Stock
CUSIP 03027X100
Ticker Symbol: AMT

Record Date	Payment Date	Cash Distribution (per share)	Ordinary Taxable Dividends (per share)	Qualified Taxable Dividends (1) (per share)	Capital Gain Distribution (per share)	Section 199A Dividends (1) (per share)
04/14/2020	04/29/2020	$1.080000	$1.080000	$0.010354	$0.000000	$1.069646
06/19/2020	07/10/2020	$1.100000	$1.100000	$0.010546	$0.000000	$1.089454
09/28/2020	10/16/2020	$1.140000	$1.140000	$0.010929	$0.000000	$1.129071

(1) Included in Ordinary Taxable Dividends

Note: For the tax year ended December 31, 2020, there were no unrecaptured section 1250 gains or non-dividend distributions. Further, the quarterly distribution declared on December 3, 2020 and payable on February 2, 2021 will apply to the 2021 tax year.

This information represents final income allocations.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 183,000 communications sites. For more information about American Tower, please visit www.americantower.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210120005761/en/

FAQ

What are the cash distributions per share for American Tower Corporation in 2020?

American Tower Corporation's cash distributions per share in 2020 were $1.08, $1.10, and $1.14.

When is the payment date for the distribution declared on December 3, 2020?

The payment date for the distribution declared on December 3, 2020, is February 2, 2021.

What is the record date for American Tower Corporation's distributions in 2020?

The record dates for American Tower Corporation's distributions in 2020 were 04/14/2020, 06/19/2020, and 09/28/2020.

Did American Tower Corporation report any non-dividend distributions in 2020?

No, American Tower Corporation reported no non-dividend distributions for the year 2020.