Aimco Shares Unchanged After Company Raised Dividend 8% to $0.26 per Share
Apartment Investment and Management Company (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.26 per share of Class A Common Stock for the quarter ended December 31, 2013. On an annualized basis, this is an 8% increase compared to the dividends paid during 2013. The fourth quarter 2013 dividend is payable on February 28, 2014, to stockholders of record on February 14, 2014.
Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with 252 communities in 23 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.
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