AmREIT Announces an Increase in Fourth Quarter Dividends.Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 10, 2003 AmREIT (AMEX AMEX See: American Stock Exchange :AMY A`my´ n. 1. A friend. ), a Texas-based real estate investment trust, today announced its sixteenth consecutive quarterly dividend increase on its class A common shares. The Board of Trust Managers of AmREIT today declared a class A dividend of $.114 that will be paid in three monthly installments of $.0378 on Oct. 31, 2003, $.0380 on Nov. 28, 2003 and $.0382 on Dec. 31, 2003 to holders of record of class A common shares on Oct. 20, 2003, Nov. 20, 2003 and Dec. 19, 2003, respectively. Additionally, the Board of Trust Managers declared a dividend on its class B and C common shares for the fourth quarter of $.185 per class B share and $.175 per class C share. The dividend on the class B shares will be paid on Dec. 31, 2003 to holders of record on Dec. 19, 2003. The dividend on the class C shares will be paid in three monthly installments of $.0583 on Oct. 31, 2003, $.0583 on Nov. 28, 2003 and $.0583 on Dec. 31, 2003 to holders of record of class C common shares on Oct. 20, 2003, Nov. 20, 2003 and Dec. 19, 2003, respectively. AmREIT is a real estate company dedicated to the ownership, development and acquisition of commercial real estate specializing in general retail, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and banking, medical and restaurant sectors, and the sponsorship of quality real estate investment opportunities through the independent financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against community. AmREIT's focus is to be the highest quality real estate sponsor, creating dependable, increasing, monthly income to investors through the ownership of irreplaceable corners and frontage shopping centers on lease to companies such as Goodyear Tire, Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. , IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain , McDonalds, Memorial Herman Hospital, RadioShack, Sprint, Coldwell Banker, Jack in the Box, Guaranty Federal, Bennigan's, Chili's, Texas Children's Hospital Texas Children's Hospital is an internationally recognized pediatric hospital located in the Texas Medical Center in Houston. With 639 licensed beds and 465 beds in operation, Texas Children's is the largest children's hospital in the United States. , and Discount Tire. For further information, contact Chad C. Braun, AmREIT, 8 Greenway Plaza Greenway Plaza is a master-planned mixed-use development off of U.S. Highway 59 in Houston, Texas, five miles (8 kilometers) west of Downtown Houston and three miles (5 kilometers) east of Uptown Houston. , Suite 824, Houston, TX 77046, 713-850-1400, cbraun@amreit.com. In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which AmREIT operates, management's beliefs and assumptions made by management. Past performance is not indicative of future returns. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. |
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