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| Post Alexander Apartments, Phase 2, Atlanta, GA |
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 $0.33 per share for the fourth quarter of
2013.
The dividend is payable on January 15, 2014 to all common
stockholders of record as of January 2, 2014.
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| Post Biltmore Apartments, Atlanta, GA |
Post also announced regular quarterly dividends on its 8.5
percent Series A Cumulative Redeemable Preferred Stock of $1.0625 per share for
the fourth quarter of 2013.
The dividend is payable on December 31, 2013 to all Series A
preferred stockholders of record as of December 16, 2013.
Post Properties, founded more than 40 years ago, is a
leading developer and operator of upscale multifamily communities. The
Company’s mission is delivering superior satisfaction and value to its
residents, associates, and investors, with a vision of being the first choice
in quality multifamily living.
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| Post Brarcliff Apartments, Atlanta, Ga |
Operating as a real estate investment trust (“REIT”), the
Company focuses on developing and managing Post® branded high density urban and
resort-style garden apartments.
Post Properties is headquartered in Atlanta, Georgia, and
has operations in ten markets across the country.
Post Properties has interests in 22,516 apartment units in
60 communities, including 1,471 apartment units in four communities held in
unconsolidated entities and 1,620 apartment units in five communities currently
under development or in lease-up.
For a complete copy of the company’s news release, please
contact:
Post Properties, Inc.
Chris Papa, 404-846-5000
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