American Campus Communities, Inc. Announces Quarterly Dividend.AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas -- American Campus Communities, Inc. (NYSE NYSE See: New York Stock Exchange :ACC See adaptive cruise control. ), one of the nation's largest owners, managers and developers of high-quality student housing properties, announced today that its board of directors has declared a regular quarterly dividend of $0.3375 per share of common stock, payable on June 1, 2007, to shareholders of record at the close of business on May 22, 2007. About American Campus Communities, Inc. American Campus Communities, Inc. is one of the largest developers, owners and managers of high-quality student housing communities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) with expertise in the design, finance, development, construction management, leasing and management of student housing properties. The company owns and manages a portfolio of 43 high-quality student housing communities containing approximately 26,900 beds. Including its owned properties, the company provides management and leasing services at a total of 56 properties, representing approximately 35,600 beds located on or near college and university campuses. Additional information is available at www.americancampuscommunities.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion