Post Properties Announces Regular Quarterly Preferred Dividends
September 09 2016 - 5:00PM
Business Wire
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate
investment trust, today announced regular quarterly dividends for
its 8.5 percent Series A Cumulative Redeemable Preferred Stock
of $1.0625 per share for the third quarter of 2016. The
dividend is payable on September 30, 2016 to all Series A
preferred shareholders of record as of September 20, 2016.
Post expects to announce the declaration of quarterly dividends
on its common stock following a meeting of its Board next week.
About Post Properties
Post Properties, founded 45 years ago, is a leading developer
and operator of upscale multifamily communities. 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 24,162 apartment units in
61 communities, including 1,471 apartment units in four communities
held in unconsolidated entities and 2,630 apartment units in seven
communities currently under development or in lease-up.
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version on businesswire.com: http://www.businesswire.com/news/home/20160909005801/en/
Post Properties, Inc.Dave Stockert, 404-846-5000
Post Properties (NYSE:PPS)
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