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
Income
Per Share
|
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
investors@hannonarmstrong.com
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital,
Inc.