Apollo Commercial Real Estate Finance, Inc. Announces 2024 Dividend Income Tax Treatment
Apollo Commercial Real Estate Finance (NYSE:ARI) has released its 2024 dividend income tax treatment report. The company distributed quarterly dividends on its common stock, with $0.35 per share for the first three quarters and $0.25 for the fourth quarter. These distributions are classified into different tax categories: ordinary dividend, qualified dividend, non-dividend distribution, and Section 199A dividend.
For the 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock, ARI paid consistent quarterly distributions of $0.453125 per share. These preferred stock distributions were entirely classified as ordinary dividends, with a portion qualifying for Section 199A treatment.
The company notes that cash distributions made on January 15, 2025, with a December 31, 2024 record date, will be treated as 2025 distributions for federal tax purposes due to the 2024 distributions exceeding earnings and profits.
Apollo Commercial Real Estate Finance (NYSE:ARI) ha pubblicato il suo rapporto sul trattamento fiscale dei dividendi per il 2024. La società ha distribuito dividendi trimestrali sul proprio capitale, con $0,35 per azione per i primi tre trimestri e $0,25 per il quarto trimestre. Queste distribuzioni sono classificate in diverse categorie fiscali: dividendo ordinario, dividendo qualificato, distribuzione non da dividendo e dividendo ai sensi della Sezione 199A.
Per l'azione preferenziale cumulativa rimborsabile perpetua della Serie B-1 al 7,25%, ARI ha effettuato distribuzioni trimestrali costanti di $0,453125 per azione. Queste distribuzioni di azioni preferenziali sono state interamente classificate come dividendi ordinari, con una parte che soddisfa i requisiti per il trattamento ai sensi della Sezione 199A.
La società ha osservato che le distribuzioni in contante effettuate il 15 gennaio 2025, con una data di registrazione del 31 dicembre 2024, saranno considerate come distribuzioni del 2025 ai fini fiscali federali, poiché le distribuzioni del 2024 superano utili e profitti.
Apollo Commercial Real Estate Finance (NYSE:ARI) ha publicado su informe sobre el tratamiento fiscal de los ingresos por dividendos de 2024. La empresa distribuyó dividendos trimestrales sobre sus acciones ordinarias, con $0.35 por acción para los primeros tres trimestres y $0.25 para el cuarto trimestre. Estas distribuciones se clasifican en diferentes categorías fiscales: dividendo ordinario, dividendo calificado, distribución no de dividendo y dividendo de acuerdo con la Sección 199A.
Para las acciones preferentes acumulativas redimibles perpetuas de la Serie B-1 al 7.25%, ARI pagó distribuciones trimestrales consistentes de $0.453125 por acción. Estas distribuciones de acciones preferentes se clasificaron completamente como dividendos ordinarios, con una parte calificando para el tratamiento de la Sección 199A.
La empresa señala que las distribuciones de efectivo realizadas el 15 de enero de 2025, con una fecha de registro del 31 de diciembre de 2024, se tratarán como distribuciones de 2025 para fines fiscales federales, debido a que las distribuciones de 2024 superaron las ganancias y beneficios.
아폴로 상업용 부동산 금융 (NYSE:ARI)가 2024년 배당소득세 처리 보고서를 발표했습니다. 이 회사는 보통주에 대해 1분기부터 3분기까지 주당 $0.35, 4분기에는 $0.25의 분기 배당금을 분배했습니다. 이러한 분배는 일반 배당금, 적격 배당금, 비배당 분배, 섹션 199A 배당금 등의 여러 세금 범주로 분류됩니다.
7.25% 시리즈 B-1 누적 상환 가능 영구 우선주에 대해 ARI는 주당 $0.453125의 일관된 분기 분배금을 지급했습니다. 이 우선주 분배는 전적으로 일반 배당금으로 분류되었으며, 일부는 섹션 199A 처리를 위한 자격을 갖췄습니다.
회사는 2025년 1월 15일에 지급되는 현금 분배가 2024년 12월 31일 기준일로 2024년 분배금이 수익과 이익을 초과했기 때문에 2025년 분배로 간주될 것이라고 언급했습니다.
Apollo Commercial Real Estate Finance (NYSE:ARI) a publié son rapport sur le traitement fiscal des revenus de dividende pour 2024. L'entreprise a distribué des dividendes trimestriels sur ses actions ordinaires, avec $0,35 par action pour les trois premiers trimestres et $0,25 pour le quatrième trimestre. Ces distributions sont classées en différentes catégories fiscales : dividende ordinaire, dividende qualifié, distribution non-dividende et dividende selon la section 199A.
Pour les actions privilégiées cumulatives rachetables perpétuelles de série B-1 à 7,25%, ARI a effectué des distributions trimestrielles constantes de $0,453125 par action. Ces distributions d'actions privilégiées ont été entièrement classées comme dividendes ordinaires, avec une partie éligible pour le traitement selon la section 199A.
L'entreprise note que les distributions en espèces effectuées le 15 janvier 2025, avec une date d'enregistrement du 31 décembre 2024, seront considérées comme des distributions de 2025 à des fins fiscales fédérales, car les distributions de 2024 dépassent les bénéfices et revenus.
Apollo Commercial Real Estate Finance (NYSE:ARI) hat seinen Bericht über die steuerliche Behandlung von Dividenden im Jahr 2024 veröffentlicht. Das Unternehmen hat vierteljährliche Dividenden auf seine Stammaktien ausgeschüttet, mit $0,35 pro Aktie für die ersten drei Quartale und $0,25 für das vierte Quartal. Diese Ausschüttungen werden in unterschiedliche Steuerkategorien eingeordnet: ordentliche Dividende, qualifizierte Dividende, Nicht-Dividenden-Ausschüttung und Dividende gemäß Abschnitt 199A.
Für die 7,25%-Serie B-1 kumulierten, einlösbaren, perpetuellen Vorzugsaktien zahlte ARI konsistente vierteljährliche Ausschüttungen von $0,453125 pro Aktie. Diese Vorzugsaktien-Ausschüttungen wurden vollständig als ordentliche Dividenden klassifiziert, von denen ein Teil für die Behandlung gemäß Abschnitt 199A berechtigt war.
Das Unternehmen weist darauf hin, dass die am 15. Januar 2025 geleisteten Barausschüttungen, mit einem Stichtag vom 31. Dezember 2024, für steuerliche Zwecke auf Bundesebene als Ausschüttungen für 2025 behandelt werden, da die Ausschüttungen von 2024 die Erträge und Gewinne überstiegen.
- Maintained consistent quarterly preferred stock dividend payments of $0.453125 per share
- Common stock dividends maintained at $0.35 per share for first three quarters of 2024
- Reduced Q4 2024 common stock dividend to $0.25 from $0.35 per share, a 28.6% decrease
- 2024 distributions exceeded earnings and profits, affecting tax treatment of subsequent payments
NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2024 distributions on its common stock (CUSIP #03762U105) and its
The federal income tax classification of the 2024 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share):
| Record Date | Payable Date | Total Distribution Per Share | Ordinary Dividend | Qualified Dividend | Non-dividend Distribution | Section 199A Dividend(1) | |||||
| 12/29/2023 | 01/12/2024 | ||||||||||
| 03/28/2024 | 04/15/2024 | ||||||||||
| 06/28/2024 | 07/15/2024 | ||||||||||
| 09/30/2024 | 10/15/2024 | ||||||||||
(1) May be eligible for a
The federal income tax classification of the 2024 distributions on the Company’s
| Record Date | Payable Date | Total Distribution Per Share | Ordinary Dividend | Qualified Dividend | Non-dividend Distribution | Section 199A Dividend |
| 03/28/2024 | 04/15/2024 | - | ||||
| 06/28/2024 | 07/15/2024 | - | ||||
| 09/30/2024 | 10/15/2024 | - | ||||
Pursuant to Section 857(b)(9) of the IRC, cash distributions made on January 15, 2025, with a record date of December 31, 2024, are treated as received by stockholders on December 31, 2024 to the extent of 2024 earnings and profits. As the Company’s aggregate 2024 cash distributions exceeded its 2024 earnings and profits, the January 2025 cash distributions declared in December 2024 are treated as 2025 distributions for federal income tax purposes and are not included on the 2024 Form 1099-DIV.
Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.
About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a high-growth, global alternative asset manager with approximately
Additional information can be found on the Company's website at www.apollocref.com. Please note that our URL address has changed.
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: high interest rates and inflation; market trends in the Company’s industry, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
| CONTACT: | Hilary Ginsberg Investor Relations (212) 822-0767 | |
FAQ
What is the tax treatment of ARI's 2024 common stock dividends?
Why did ARI reduce its Q4 2024 dividend payment?
What is the dividend rate for ARI's Series B-1 Preferred Stock in 2024?
How are ARI's January 2025 distributions being treated for tax purposes?
