Wednesday, February 19, 2014

Post Properties Announces Quarterly Dividends; Increases Dividend Payout to Common Shareholders by 9 Percent


Dave Stockert
ATLANTA, GA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.36 per share for the first quarter of 2014. 

The dividend is payable on April 15, 2014 to all common shareholders of record as of March 31, 2014.

Said Dave Stockert, CEO and President, “We are pleased to be able to increase the dividend to common shareholders again this year, reflecting growing earnings and cash flow, and the overall strength of our business.

 "With today’s announcement, we expect our annualized rate of common stock dividends to rise by 9 percent to $1.44 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 first quarter of 2014. The dividend is payable on March 31, 2014 to all Series A preferred shareholders of record as of March 17, 2014.

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

Post Properties, Inc.

Chris Papa, 404-846-5000

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