Ventas Announces Tax Treatment of 2020 Distributions
Ventas (NYSE: VTR) announced the tax treatment for its 2020 distributions, totaling $2.485 per share in taxable dividend income. This includes a previously declared fourth quarter 2019 dividend of $0.7925 per share. The fourth quarter 2020 dividend, set for payment on January 20, 2021, will impact 2021 income. Shareholders are advised to consult tax professionals concerning tax implications. Ventas, a leading REIT, operates around 1,200 properties and is positioned within the healthcare and real estate sectors.
- Total taxable dividend income for 2020 was $2.485 per share.
- As of September 30, 2020, Ventas owned or managed approximately 1,200 properties, indicating a strong portfolio.
- None.
Ventas, Inc. (NYSE: VTR) (the “Company”) announced today the tax treatment of its 2020 distributions on the Company’s common stock.
For income tax purposes, total taxable dividend income for 2020 was
The following table summarizes the nature of these cash distributions and provides the appropriate Form 1099-DIV box number:
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2020 DISTRIBUTIONS ON VENTAS COMMON STOCK |
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Date Paid |
Taxable Distribution |
Box 1a
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Box 1b
Box 1a) |
Box 5 199A Dividend (Included in Box 1a) |
Box 2a Capital Gain Distr. |
Box 2b Unrecap. Section 1250 Gain (Included in Box 2a) |
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Jan. 13, 2020 |
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Apr. 14, 2020 |
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July 14, 2020 |
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Oct. 13, 2020 |
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Total Taxable in 2020 |
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The 2020 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Stockholders are encouraged to consult their own tax advisors regarding the tax consequences of these distributions.
About Ventas
Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – healthcare and real estate. As one of the world’s foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population. For more than twenty years, Ventas has followed a successful strategy that endures: combining a high-quality diversified portfolio of properties and capital sources to manage through cycles, working with industry leading partners, and a collaborative and experienced team focused on producing consistent growing cash flows and superior returns on a strong balance sheet, ultimately rewarding Ventas stakeholders. As of September 30, 2020, Ventas owned or managed through unconsolidated joint ventures approximately 1,200 properties.
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FAQ
What was the total taxable dividend income for Ventas in 2020?
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