Americold Realty Trust Announces 2021 Tax Treatment of Distributions

Rhea-AI Summary

Americold Realty Trust (NYSE: COLD) announced the tax treatment of its common stock distributions for 2021. Shareholders are advised to consult personal tax advisors regarding their specific tax implications. The release detailed dividend declarations and payments for 2020 Q4 and 2021 Q1 through Q3, with key figures shared. Notably, the fourth quarter 2020 dividend of $0.21 per share and the fourth quarter 2021 dividend of $0.22 per share were highlighted, with certain portions classified as ordinary dividends and return of capital (ROC).

Positive

• Fourth quarter 2020 dividend of $0.21 per share paid in 2021.
• Increased fourth quarter 2021 dividend to $0.22 per share.

Negative

• No specific qualified dividend declared for 2021 Q1, Q2, and Q3.

ATLANTA--(BUSINESS WIRE)-- Americold Realty Trust (NYSE: COLD) (the “Company” or “Americold”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced the 2021 tax treatment of the Company’s common stock distributions, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.

CUSIP 03064D108

	Declared	Paid	Qualified	Ordinary	ROC	Total
2020 Q4 Dividend	12/8/2020	1/15/2021		0.0789	0.1112	0.1901
2021 Q1 Dividend	3/11/2021	4/15/2021	-	0.0913	0.1287	0.2200
2021 Q2 Dividend	5/20/2021	7/15/2021	-	0.0913	0.1287	0.2200
2021 Q3 Dividend	8/19/2021	10/15/2021	-	0.0913	0.1287	0.2200
			-	0.3527	0.4973	0.8501

The Company paid its fourth quarter 2020 dividend of $0.21 per share in calendar year 2021. This dividend included a qualified dividend of $0.0199 per share, which was included in the shareholders’ 2020 distributions. The remainder of the 2020 fourth quarter dividend of $0.1901 per share is included with the shareholders’ 2021 distributions. The Company paid its fourth quarter 2021 dividend of $0.22 per share in calendar year 2022. The 2021 fourth quarter dividend will be included with the shareholders’ 2022 distributions and is not included on the 2021 Form 1099.

About Americold Realty Trust

Americold is the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 248 temperature-controlled warehouses, with over 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220113005872/en/

Americold Realty Trust

Investor Relations

678-459-1959

investor.relations@americold.com

Source: Americold Realty Trust

FAQ

What is the tax treatment of Americold Realty Trust's distributions for 2021?

Americold Realty Trust has outlined the 2021 tax treatment of its stock distributions, advising shareholders to consult tax advisors for personal implications.

What were the key dividend payments for Americold Realty Trust in 2021?

In 2021, Americold declared dividends of $0.21 for Q4 2020 and $0.22 for Q4 2021, with specified portions as ordinary income and return of capital.

When was the fourth quarter 2021 dividend paid by Americold Realty Trust?

The fourth quarter 2021 dividend of $0.22 per share was paid on October 15, 2021.

What is the significance of the ordinary dividends mentioned in the press release?

The ordinary dividends indicate the amount of the dividend that shareholders can expect to report as taxable income, which is crucial for tax planning.

Did Americold Realty Trust declare qualified dividends for 2021?

No qualified dividends were declared for 2021 Q1, Q2, and Q3, which may impact tax treatment for shareholders.