 |
| Dave Stockert |
ATLANTA, GA--(BUSINESS
WIRE)-- Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate
investment trust announced regular
quarterly dividends for its 8.5 percent Series A Cumulative Redeemable
Preferred Stock of $1.0625 per share for the third quarter of 2016.
The dividend is payable on September 30, 2016
to all Series A preferred shareholders of record as of September 20, 2016.
Post expects to announce
the declaration of quarterly dividends on its common stock following a meeting
of its Board next week.
Post Properties, founded
45 years ago, is a leading developer and operator of upscale multifamily
communities.
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 10 markets across the country.
Post Properties has
interests in 24,162 apartment units in 61 communities, including 1,471
apartment units in four communities held in unconsolidated entities and 2,630
apartment units in seven communities currently under development or in
lease-up.
For a complete copy of the company’s news release,
please contact:
Post Properties, Inc.
Dave Stockert,
President
404-846-5000
No comments:
Post a Comment