Armada Hoffler Properties Announces Income Tax Treatment of Its 2024 Dividend Distributions

Core Viewpoint - Armada Hoffler Properties, Inc. announced the income tax treatment of its 2024 dividend distributions for common and preferred stockholders, detailing the classification of dividends for tax reporting purposes [1][2]. Common Stock Dividends - Total Ordinary Dividends: 36.62% - Total Capital Gain Distribution: 36.80% - Unrecaptured Section 1250 Gain: 25.45% - Section 897 Ordinary Dividend: 2.89% - Section 897 Capital Gain: 36.80% - Non-Dividend Distributions: 26.58% - Section 199A Dividends: 36.62% - Total Return of Capital: 26.58% - Total classified as Capital Gain is Section 1231 gain for IRC Section 1061 [3][4]. Preferred Series A Dividends - Total Ordinary Dividends: 49.88% - Total Capital Gain Distribution: 50.12% - Unrecaptured Section 1250 Gain: 34.66% - Section 897 Ordinary Dividend: 3.94% - Section 897 Capital Gain: 50.12% - Section 199A Dividends: 49.88% [3][4]. Company Overview - Armada Hoffler Properties, Inc. is a vertically-integrated, self-managed real estate investment trust (REIT) with over 40 years of experience in developing, building, acquiring, and managing high-quality properties primarily in the Mid-Atlantic and Southeastern United States [6]. - The company provides development and general contracting services to third-party clients and has been elected to be taxed as a REIT for U.S. federal income tax purposes [6].