Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI), a leading investor in the efficiency, wind and solar markets, today announced the estimated Federal income tax treatment of the Company’s 2016 distributions on its common stock (CUSIP # 41068X 100).
The entire $1.20 distribution per share on the Company’s common stock is considered return of capital with respect to Federal income tax for the calendar year ended December 31, 2016, as shown below:
Record Date | Payable Date | Total Distribution Per Share | Ordinary Per Share | Return of Capital Per Share | Capital Gain Per Share | |||||
12/30/15 | 1/7/16 | $0.30 | $0.00 | $0.30 | $0.00 | |||||
3/30/16 | 4/7/16 | $0.30 | $0.00 | $0.30 | $0.00 | |||||
7/6/16 | 7/14/16 | $0.30 | $0.00 | $0.30 | $0.00 | |||||
10/5/16 | 10/13/16 | $0.30 | $0.00 | $0.30 | $0.00 | |||||
2016 | Totals | $1.20 | $0.00 | $1.20 | $0.00 | |||||
12/29/2016 | 01/12/2017 | $0.33 | To Be Reported on 2017 1099-Div | |||||||
As the Company’s aggregate distributions exceeded its taxable earnings and profits, the January 2017 distribution declared in the fourth quarter of 2016 and payable to shareholders of record as of December 29, 2016, will be treated as a 2017 distribution for Federal income tax purposes and is not included on the 2016 Form 1099. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company’s distributions.
