Post Properties Announces Quarterly Dividends
04 Settembre 2013 - 7:28PM
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 third quarter of 2013. The
dividend is payable on October 15, 2013 to all common stockholders
of record as of September 30, 2013.
Post also announced regular quarterly dividends on its 8.5
percent Series A Cumulative Redeemable Preferred Stock of $1.0625
per share for the third quarter of 2013. The dividend is payable on
September 30, 2013 to all Series A preferred stockholders of record
as of September 16, 2013.
About Post Properties
Post Properties, 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 22,858 apartment units in 61
communities, including 1,471 apartment units in four communities
held in unconsolidated entities and 1,620 apartment units in five
communities currently under development or in lease-up. The Company
is also selling luxury for-sale condominium homes in one community
through a taxable REIT subsidiary.
Post Properties, Inc.Chris Papa, 404-846-5000
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