Americold Realty Trust, Inc. Announces 2022 Tax Treatment of Distributions

Rhea-AI Summary

Americold Realty Trust (NYSE: COLD) has announced the 2022 tax treatment of its common stock distributions. The company informs shareholders that the fourth quarter dividend for 2021 was paid in 2022, totaling $0.22 per share, while the fourth quarter 2022 dividend will be included in 2023 distributions. Americold operates 249 temperature-controlled warehouses globally, essential for food supply chains. Shareholders are advised to consult tax advisors regarding their specific distribution tax treatments.

Positive

• Americold operates 249 temperature-controlled warehouses worldwide, supporting its leadership in the REIT sector.
• The company maintains a consistent quarterly dividend of $0.22 per share, reflecting stable earnings.

Negative

• The lack of clarity on the 2022 tax treatment for distributions could lead to confusion among shareholders.

ATLANTA, GA, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (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 2022 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
2021 Q4 Dividend	12/7/2021	1/14/2022		0.0896	0.1304	0.2200
2022 Q1 Dividend	3/10/2022	4/15/2022	-	0.0896	0.1304	0.2200
2022 Q2 Dividend	5/17/2022	7/15/2022	-	0.0896	0.1304	0.2200
2022 Q3 Dividend	9/1/2022	10/14/2022	-	0.0896	0.1304	0.2200
			-	0.3582	0.5218	0.8800

The Company paid its fourth quarter 2021 dividend of $0.22 per share in calendar year 2022. The total amount of the 2021 fourth quarter dividend of $0.22 per share is included with the shareholders’ 2022 distributions. The Company paid its fourth quarter 2022 dividend of $0.22 per share in calendar year 2023. The 2022 fourth quarter dividend will be included with the shareholders’ 2023 distributions and is not included on the 2022 Form 1099.

About Americold Realty Trust, Inc.

Americold Realty Trust Inc. 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 249 temperature-controlled warehouses, with approximately 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.

Contacts:

Americold Realty Trust, Inc.
Investor Relations
Telephone: 678-459-1959
Email: investor.relations@americold.com

FAQ

What is the tax treatment for Americold's stock distributions in 2022?

Americold has announced the 2022 tax treatment for its stock distributions, encouraging shareholders to consult personal tax advisors.

How much was the fourth quarter dividend for Americold in 2021?

Americold's fourth quarter dividend for 2021 was $0.22 per share, paid in 2022.

What is Americold's stock symbol?

Americold's stock symbol is COLD.

How many temperature-controlled warehouses does Americold operate?

Americold operates 249 temperature-controlled warehouses globally.

When will Americold's fourth quarter 2022 dividend be distributed?

The fourth quarter 2022 dividend will be included in shareholders' distributions in 2023.