Invitation Homes Announces 2020 Dividend Tax Allocation

Rhea-AI Summary

Invitation Homes (NYSE: INVH) announced the 2020 dividend allocation for its Common Stock. The dividend of $0.15 per share will be paid on February 28, 2020, with a record date of February 12, 2020. These dividends are treated as taxable ordinary dividends, with 71.77% classified as such for tax purposes. The company advises shareholders to consult tax advisors regarding their individual tax situations. The details regarding federal and state tax implications for REIT dividends are also provided.

Positive

• Dividend announcement of $0.15 per share for 2020.
• Strong portion of dividends classified as taxable ordinary dividends (71.77%).

Negative

• None.

Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) today announced the 2020 dividend allocation for federal income tax purposes for its Common Stock.

Invitation Homes’ tax return for 2020 has not yet been filed. As a result, the income tax allocations for the dividends discussed below have been calculated using the best available information as of the date of this release.

Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders as to how dividends should be reported on their tax returns. Also note that state and local taxation of real estate investment trust dividends varies and may not be the same as the taxation under federal rules. Invitation Homes encourages shareholders to consult with their own tax advisors with respect to federal, state, and local income tax effects on these dividends.

Invitation Homes Inc. Common Stock (CUSIP 46187W107)

Record Date	Payable Date	Dividend per Share		Taxable Ordinary Dividends(1)	Qualified Dividends (20% Rate)	Capital Gain (20% Rate)(2)	Unrecaptured Sec. 1250 Gain (25% Rate)(2)	Return of Capital
2/12/2020	2/28/2020	$0.15		71.77000%	0.93400%	20.71667%	6.57933%	0.00000%
5/13/2020	5/29/2020	$0.15		71.77000%	0.93400%	20.71667%	6.57933%	0.00000%
8/12/2020	8/28/2020	$0.15		71.77000%	0.93400%	20.71667%	6.57933%	0.00000%
11/10/2020	11/25/2020	$0.15		71.77000%	0.93400%	20.71667%	6.57933%	0.00000%

1.	The 2020 Taxable Ordinary Dividends are treated as “qualified REIT dividends” for purposes of Internal Revenue Code section 199A.
2.	Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests.”

About Invitation Homes:

Invitation Homes is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, "Together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210125005243/en/

FAQ

What is the 2020 dividend amount for Invitation Homes (INVH)?

The 2020 dividend amount for Invitation Homes is $0.15 per share.

When is the dividend payable date for INVH in 2020?

The dividend payable date for INVH in 2020 is February 28, 2020.

What is the record date for the 2020 INVH dividend?

The record date for the 2020 INVH dividend is February 12, 2020.

How are the dividends from INVH classified for tax purposes?

71.77% of the dividends from INVH are classified as taxable ordinary dividends for tax purposes.

Should INVH shareholders consult tax advisors regarding dividends?

Yes, INVH encourages shareholders to consult their tax advisors for individual tax implications related to dividends.