Post Properties Announces Change in Record Date for Quarterly Common Stock
ATLANTA -- February 27, 2013
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment
trust, today announced a change in the record date for its quarterly dividend
on its common stock of $0.25 per share for the first quarter of 2013, which
was declared on February 21, 2013. The revised record date will be March 28,
2013. There is no change in the payable date of April 15, 2013.
About Post Properties
Post Properties, Inc., 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. 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 22,218 apartment units in 60 communities,
including 1,471 apartment units in four communities held in unconsolidated
entities and 2,046 apartment units in seven communities currently under
development or in lease-up. The Company is also selling luxury for-sale
condominium homes in two communities through a taxable REIT subsidiary.
Post Properties, Inc.
Chris Papa, 404-846-5028
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