1 unchanged sentence
Market Information
−Removed: Our common stock is listed on the New York Stock Exchange (“NYSE”) under the symbol “INVH.”
+Added: Our common stock is listed on the New York Stock Exchange under the symbol “INVH.”
As of February 20, 2024, there were 42 holders of record of 611,958,239 shares of common stock outstanding.
4 unchanged sentences
The timing, form, and amount of distributions, if any, to our stockholders, will be at the sole discretion of our board of directors.
−Removed: For income tax purposes, dividends paid to holders of common stock primarily consist of ordinary income, capital gains, qualified dividends, unrecaptured Section 1250 gains, and return of capital, or a combination thereof.
For the years ended December 31, 2023 and 2022, dividends per share held for the entire year were estimated to be taxable as follows:
4 unchanged sentences
0.28 21.2 % 0.16 18.1 %
−Removed: Qualified dividends — — % — — %
Unrecaptured Section 1250 gain (3)(4)(5)
0.07 5.3 % 0.03 3.2 %
−Removed: Return of capital — — % — — %
Total $ 1.32 100.0 % $ 0.88 100.0 %
(1) Amounts are displayed in actual dollars per share;
−Removed: all section references are to the Code.
+Added: all section references are to the Code unless otherwise specified.
+Added: Pursuant to Section 857(b)(9), cash dividends paid in January 2024 with a record date in December 2023 are treated as received by stockholders in 2023 to the extent of the Company’s 2023 earnings and profits.
(2) Ordinary income dividends are treated as “qualified REIT dividends” for purposes of Section 199A.
−Removed: (3) Approximately 2.87% of the aggregate amounts allocated in 2022 as capital gains and unrecaptured Section 1250 gain represents One Year Disclosure Amounts and Three Year Disclosure Amounts for purposes of Section 1061.
−Removed: (4) Approximately 97.13% of the aggregate amounts allocated in 2022 as capital gain and unrecaptured Section 1250 gain represents a disposition of a United States real property interest pursuant to Section 897.
−Removed: (5) Capital gains and unrecaptured Section 1250 gain are designated as a capital gain dividend in accordance with Section 857(b)(3)(B), as redesignated by the TCJA, Pub.
+Added: (3) None of the aggregate amounts allocated in 2023 as capital gains and unrecaptured Section 1250 gain represents One Year Disclosure Amounts and Three Year Disclosure Amounts for purposes of Section 1061.
+Added: (4) All of the aggregate amounts allocated in 2023 as capital gain and unrecaptured Section 1250 gain represents a disposition of a United States real property interest pursuant to Section 897.
+Added: (5) Capital gains and unrecaptured Section 1250 gain are designated as a capital gain dividend in accordance with Section 857(b)(3)(B), as redesignated by the Tax Cuts and Jobs Act, Pub.
115-97, §13001(b).
16 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.