Core Viewpoint - Alexandria Real Estate Equities, Inc. has announced the tax treatment of its 2024 distributions, providing detailed breakdowns of dividends and their classifications for stockholders [1]. Distribution Details - The total dividend distribution for 2024 is $5.140000 per share, with $3.374410 classified as taxable ordinary dividends, which represents 65.65% of the total [1]. - The breakdown of the distributions includes: - Qualified dividends: $0.833755 for the first two distributions and $0.853450 for the last two [1]. - Capital gains: Total of $1.683350, with $0.717030 as unrecaptured Section 1250 gains [1]. - Return of capital: $0.082240 [1]. Additional Information - For shares held through applicable partnership interests, the aggregate "One Year Amounts Disclosure" is $0.656170 per share, which is 38.98% of Box 2a, and the "Three Year Amounts Disclosure" is $0.586479 per share, which is 34.84% of Box 2a [2]. - The distribution amounts reflect gains from the disposition of U.S. real property interests under Section 897, relevant primarily to non-U.S. stockholders owning more than 10% of the company's stock [3]. Company Overview - Alexandria Real Estate Equities, Inc. is a leading life science REIT, founded in 1994, and is recognized for pioneering the life science real estate niche [4]. - The company operates in key life science innovation clusters, including Greater Boston, San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City [4].
Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2024 Distributions