Post Properties Announces Quarterly Dividends
14 Febbraio 2012 - 8:31PM
Business Wire
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate
investment trust, today announced quarterly dividends on its common
stock of $0.22 per share for the first quarter of 2012. The
dividend is payable on April 13, 2012 to all common stock
shareholders of record as of March 31, 2012.
Post also announced regular quarterly dividends for its 8.5
percent Series A Cumulative Redeemable Preferred Stock of $1.0625
per share for the first quarter of 2012. The dividend is payable on
April 2, 2012 to all Series A preferred stock shareholders of
record as of March 15, 2012.
About Post Properties
Post Properties, founded 40 years ago, is a leading developer
and operator of upscale multifamily communities. The Company’s
mission is delivering superior satisfaction and value to its
residents, associates, and investors, with a vision of being the
first choice in quality multifamily living. Operating as a real
estate investment trust (“REIT”), the Company focuses on developing
and managing Post® branded resort-style garden and high density
urban apartments. Post Properties is headquartered in Atlanta,
Georgia, and has operations in ten markets across the country.
Post Properties has interests in 21,658 apartment units in 58
communities, including 1,747 apartment units in five communities
held in unconsolidated entities and 1,568 apartment units in five
communities currently under development. The Company is also
selling luxury for-sale condominium homes in two communities
through a taxable REIT subsidiary.
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