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 $0.45 per share for the third quarter of 2008.The Company’s annual dividend rate is $1.80 per common share. The dividend is payable on October 15, 2008 to all common stock shareholders of record as of September 30, 2008.
(David Stockert, chairman, Post Properties Inc., top right photo)
Post also announced regular quarterly dividends for its 8.5 percent Series A Cumulative Redeemable Preferred Stock and its 7 5/8 percent Series B Cumulative Redeemable Preferred Stock.
On its 8.5 percent Series A Cumulative Redeemable Preferred Stock, Post declared a regular quarterly dividend of $1.0625 per share for the third quarter. The dividend is payable on September 30, 2008 to all Series A preferred stock shareholders of record as of September 15, 2008.
On its 7 5/8 percent Series B Cumulative Redeemable Preferred Stock, Post declared a regular quarterly dividend of $0.47656 per share for the third quarter.
The dividend is payable on September 30, 2008 to all Series B preferred stock shareholders of record as of September 15, 2008.
Contact: Post Properties, Inc., Chris Papa, 404-846-5000
No comments:
Post a Comment