Post Properties Announces Quarterly Dividends Increases Dividend Payout to Common Shareholders by 32 Percent
23 Maggio 2013 - 11:02PM
Business Wire
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate
investment trust, today announced quarterly dividends on its common
stock of $0.33 per share for the second quarter of 2013. The
dividend is payable on July 15, 2013 to all common shareholders of
record as of June 28, 2013.
Said Dave Stockert, CEO and President, “We are pleased to be
able to enhance the current return to common shareholders,
reflecting the solid growth and profitability of our business. With
today’s announcement, we expect our annualized rate of common stock
dividends to rise by 32 percent to $1.32 per share.”
Post also announced regular quarterly dividends for its 8.5
percent Series A Cumulative Redeemable Preferred Stock of $1.0625
per share for the second quarter of 2013. The dividend is payable
on July 1, 2013 to all Series A preferred shareholders of record as
of June 17, 2013.
About Post Properties
Post Properties, Inc., founded more than 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 high density urban and resort-style
garden apartments. Post Properties is headquartered in Atlanta,
Georgia, and has operations in ten markets across the country.
Post Properties has interests in 22,218 apartment units in 60
communities, including 1,471 apartment units in four communities
held in unconsolidated entities and 2,046 apartment units in seven
communities currently under development or in lease-up. The Company
is also selling luxury for-sale condominium homes in two
communities through a taxable REIT subsidiary.
Grafico Azioni Post Properties (NYSE:PPS)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Post Properties (NYSE:PPS)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Post Properties, Inc. (delisted) (Borsa di New York (NYSE)): 0 articoli recenti
Più Post Properties, Inc. Articoli Notizie