Properties
Post Properties Announces Quarterly Dividends
(MARKET WATCH) - Post Properties, Inc. /quotes/comstock/13*!pps/quotes/nls/pps (PPS 19.24, +0.27, +1.42%) , an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.20 per share for the first quarter of 2010. The dividend is payable on April 15, 2010 to all common stock shareholders of record as of March 31, 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 first quarter. The dividend is payable on March 31, 2010 to all Series A preferred stock shareholders of record as of March 15, 2010.
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 first quarter. The dividend is payable on March 31, 2010 to all Series B preferred stock shareholders of record as of March 15, 2010.
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