Friday, May 24, 2013

Post Properties Announces Quarterly Dividends; Increases Dividend Payout to Common Shareholders by 32 Percent



Dave Stockert
ATLANTA--(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.”

 For a complete copy of the company’s news release, please contact:

Post Properties, Inc.
Chris Papa, 404-846-5000

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