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America First Apartment Investors, Inc. Announces Increased Third Quarter Dividend.


OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb. -- America First America First may refer to:
  • America First Committee, a special interest group that opposed entry of the United States of America into World War II
  • America First Credit Union, a credit union in Utah
 Apartment Investors, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: APRO APRO Aerial Phenomena Research Organization
APRO Asia Pacific Regional Organization
APRO Adjusted Production (baseball statistic)
APRO Army Personnel Research Office
), a multifamily real estate investment trust, today announced that its Board of Directors has increased its regular quarterly dividend by 4% to $0.26 per share, to be paid on October 31, 2006 to shareholders of record on September 29, 2006.

"We are pleased that our strong financial performance in the first six months of 2006 has positioned the Company to increase our regular quarterly dividend," stated Jack Cassidy, APRO's President and Chief Executive Officer. "We are benefiting from the execution of our strategic plan and are pleased that we are able to follow through on our commitment to provide our shareholders a growing dividend."

America First Apartment Investors, Inc. is an equity real estate investment trust focused on multifamily apartment properties located primarily in the Southeast and Midwest regions of the United States. Its portfolio currently includes 29 multifamily properties and one commercial property. America First Apartment Investors, Inc. press releases are available on the World Wide Web at www.apro-reit.com.

Information contained in this Press Release contains "forward-looking statements" relating to, without limitation, future performance, plans and objectives of management for future operations and projections of revenue and other financial items, which can be identified by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "estimate" or "continue" or the negative thereof or other variations thereon or comparable terminology. Several factors with respect to such forward-looking statements, including certain risks and uncertainties, could cause actual results to differ materially from those in such forward-looking statements. Reference is hereby made to the filings of America First Apartment Investors, Inc., with the Securities and Exchange Commission, including quarterly reports on Form 10-Q Form 10-Q

See 10-Q.
, reports on Form 8-K Form 8-K

The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.


Form 8-K

See 8-K.
 and its annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
.
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Publication:Business Wire
Date:Aug 14, 2006
Words:296
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