American Tower Corporation Announces Tax Reporting Information for 2022 Distributions

Rhea-AI Summary

American Tower Corporation (NYSE: AMT) has provided year-end tax reporting information for its 2022 distributions, prompting stockholders to consult personal tax advisors regarding specific tax treatment. For the tax year ending December 31, 2022, there were no capital gains or non-dividend distributions. Key distribution details include payments of $1.40 per share for the distribution dates April 13, 2022 (record) and April 29, 2022 (payment), along with other payments in 2022. The quarterly distribution declared on December 8, 2022, payable on February 2, 2023, will be reported in the 2023 tax year.

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today announced year-end tax reporting information for its 2022 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)	Section 199A Dividends (1) (per share)	Section 897 Ordinary Distribution (1) (per share)
04/13/2022	04/29/2022	1.400000	1.400000	0.005493	1.394507	0.284445
06/17/2022	07/08/2022	1.430000	1.430000	0.006168	1.423832	0.319439
10/11/2022	10/26/2022	1.470000	1.470000	0.006341	1.463659	0.328374
(1) Included in Ordinary Taxable Dividends

Note: For the tax year ended December 31, 2022, there was no capital gain, unrecaptured section 1250 gain, or non-dividend distributions. Further, the quarterly distribution declared on December 8, 2022, which is payable on February 2, 2023, will apply to the 2023 tax year.

This information represents the final income allocations impacting tax year 2022.

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 approximately 223,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230119005164/en/

Adam Smith

Senior Vice President, Investor Relations

Telephone: (617) 375-7500

Source: American Tower Corporation

FAQ

What did American Tower announce regarding its 2022 distributions?

American Tower announced year-end tax reporting information for its 2022 distributions and provided details for stockholders to consult with tax advisors.

What is the distribution amount per share for American Tower in 2022?

The distribution amount per share for American Tower in 2022 was $1.40.

When is the distribution payable for the quarterly distribution declared on December 8, 2022?

The distribution declared on December 8, 2022, is payable on February 2, 2023.

Were there any capital gains reported by American Tower for the tax year 2022?

No, American Tower reported no capital gains, unrecaptured section 1250 gain, or non-dividend distributions for the tax year 2022.