ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.20 per share for the fourth quarter of 2009. The dividend is payable on January 15, 2010 to all common stock shareholders of record as of January 4, 2010.
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 fourth quarter. The dividend is payable on December 31, 2009 to all Series A preferred stock shareholders of record as of December 15, 2009.
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 fourth quarter. The dividend is payable on December 31, 2009 to all Series B preferred stock shareholders of record as of December 15, 2009.
Contacts: Post Properties, Inc., David P. Stockert, (top right photo) CEO, Post Properties Inc. 404-846-5000
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