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Post Properties Announces Quarterly Dividends

December 2, 2015 3:45 PM EST

ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.44 per share for the fourth quarter of 2015. The dividend is payable on January 15, 2016 to all common stockholders of record as of January 4, 2016.

Post also announced regular quarterly dividends on its 8.5 percent Series A Cumulative Redeemable Preferred Stock of $1.0625 per share for the fourth quarter of 2015. The dividend is payable on December 31, 2015 to all Series A preferred stockholders of record as of December 15, 2015.

About Post Properties

Post Properties, founded more than 40 years ago, is a leading developer and operator of upscale multifamily communities. 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 23,723 apartment units in 60 communities, including 1,471 apartment units in four communities held in unconsolidated entities and 2,192 apartment units in six communities currently under development or in lease-up.

Post Properties, Inc.
Chris Papa, 404-846-5000

Source: Post Properties, Inc.



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