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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