ANNAPOLIS, Md., Jan. 28, 2019 /PRNewswire/ -- Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "we," "our," or the "Company;"NYSE: HASI), a capital provider focused on sustainable infrastructure markets that address climate change, today announced the estimated Federal income tax treatment of the Company's 2018 distributions on its common stock (CUSIP # 41068X 100).
The Federal income tax classification of the aggregate $1.32 distribution per share on the Company's common stock with respect to the calendar year ended December 31, 2018 is shown in the table below:
Record Date |
Payable Date |
Total Distribution Per Share |
Ordinary |
Return of Capital Per Share |
Capital Gain Per Share |
12/26/17 |
1/11/18 |
$0.33 |
$0.00 |
$0.33 |
$0.00 |
4/4/18 |
4/12/18 |
$0.33 |
$0.00 |
$0.33 |
$0.00 |
7/5/18 |
7/12/18 |
$0.33 |
$0.00 |
$0.33 |
$0.00 |
10/3/18 |
10/11/18 |
$0.33 |
$0.00 |
$0.33 |
$0.00 |
2018 |
Totals |
$1.32 |
$0.00 |
$1.32 |
$0.00 |
12/26/2018 |
01/10/2019 |
$0.33 |
To Be Reported on 2019 1099-Div |
As the Company's aggregate distributions exceeded its taxable earnings and profits, the January 2019 distribution declared in the fourth quarter of 2018 and payable to shareholders of record as of December 26, 2018, will be treated as a 2019 distribution for Federal income tax purposes and is not included on the 2018 Form 1099. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.
About Hannon Armstrong
With over 30 years of experience, Hannon Armstrong (NYSE: HASI) is a capital provider focused on reducing the impact of, or increasing resiliency to, climate change. Our portfolio includes efficiency, renewable energy and resiliency assets that generate long-term, recurring and largely predictable cash flows or cost savings from proven technologies. With scientific consensus that climate warming trends are linked to human activities, we believe our firm is well positioned to generate better risk-adjusted returns by investing in the assets that reduce carbon emissions. We are based in Annapolis, MD.
Forward Looking Statements
Some of the information in this press release contains forward-looking statements and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, words such as "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may," "target," or similar expressions, are intended to identify such forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption "Risk Factors" included in our Annual Report on Form 10-K for our fiscal year ended December 31, 2017, which was filed with the U.S. Securities and Exchange Commission ("SEC"), as well as in other reports that we file with the SEC.
Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. We disclaim any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release.
Investor Relations
410-571-6189
[email protected]
SOURCE Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Related Links
http://www.hannonarmstrong.com
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