HONOLULU, Jan. 21, 2020 /PRNewswire/ -- Alexander &
Baldwin, Inc. (NYSE:ALEX) today announced the tax
allocations of 2019 dividend distributions on its common shares.
The table below, presented on a per share basis, is provided for
informational purposes only and should only be used to clarify the
information on Form 1099-DIV.
Common Shares (CUSIP # 014491104)
Ordinary Income
Taxable in 2019
|
Ex-Dividend Date
|
Record Date
|
Payable Date
|
Distribution Per
Share
|
Total
|
Non-Qualified
|
Qualified
|
3/7/2019
|
3/11/2019
|
3/26/2019
|
$
0.145
|
$
0.145
|
$
0.145
|
$
─
|
5/8/2019
|
5/10/2019
|
6/6/2019
|
$
0.165
|
$
0.165
|
$
0.165
|
$
─
|
8/8/2019
|
8/12/2019
|
9/5/2019
|
$
0.190
|
$
0.190
|
$
0.190
|
$
─
|
11/8/2019
|
11/12/2019
|
12/5/2019
|
$
0.190
|
$
0.190
|
$
0.190
|
$
─
|
|
|
Totals
|
$
0.690
|
$
0.690
|
$
0.690
|
$
─
|
Shareholders of record should expect to receive IRS Form
1099-DIV ("1099-DIV") from Computershare, the Company's dividend
paying agent. Shareholders of record will receive Forms 1099-DIV
relating to the quarterly dividends paid in 2019. "Street name"
shareholders should expect to receive their Forms 1099-DIV from
their bank, brokerage firm, or other nominee. The amounts indicated
on the 2019 Forms 1099-DIV should be reported on shareholders' 2019
federal income tax returns.
Investors are encouraged to seek legal and/or professional tax
advice about the specific tax treatment of distributions paid by
the Company for the 2019 tax year.
Alexander & Baldwin, Inc. is Hawai`i's premier commercial
real estate company and the state's foremost owner of
grocery-anchored retail centers. A&B is a fully integrated real
estate investment trust and owns, operates and manages
approximately 3.9 million square feet of primarily retail and
industrial space in Hawai`i, and is a major landowner in the state.
A&B's interests extend beyond commercial real estate into
renewable energy and land stewardship. A&B is also a
construction materials company and paving contractor in Hawai`i.
Over its 150-year history, A&B has evolved with the state's
economy and played a lead role in the development of the
agricultural, transportation, tourism, construction and real estate
industries. Learn more about A&B at
www.alexanderbaldwin.com.
Statements in this release that are not historical facts are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 that involve a number of
risks and uncertainties that could cause actual results to differ
materially from those contemplated by the relevant forward-looking
statements. Such forward-looking statements speak only as of the
date the statements were made and are not guarantees of future
performance. Forward-looking statements are subject to a number of
risks, uncertainties, assumptions and other factors that could
cause actual results and the timing of certain events to differ
materially from those expressed in or implied by the
forward-looking statements. These factors include, but are not
limited to, prevailing market conditions and other factors related
to the Company's REIT status and the Company business generally
discussed in the Company's most recent Form 10-K, Form 10-Q and
other filings with the Securities and Exchange Commission. The
information in this release should be evaluated in light of these
important risk factors. We do not undertake any obligation to
update the Company's forward-looking statements.
Contact:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com
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SOURCE Alexander & Baldwin