American Campus Communities (ACC) Raises Quarterly Dividend 4.5% to $0.46; 4.7% Yield
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American Campus Communities (NYSE: ACC) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. This is a 4.5% increase from the prior dividend of $0.44.
The dividend will be payable on May 25, 2018, to stockholders of record on May 14, 2018, with an ex-dividend date of May 11, 2018.
The annual yield on the dividend is 4.7 percent.
“We are pleased to provide a sixth consecutive annual dividend increase for shareholders,” said Bill Bayless, American Campus Communities CEO. “The long-term stability of our operating performance has allowed the Board of Directors to maintain or increase the company’s dividend throughout the 54 quarters since going public, representing over 36 percent growth in the dividend since 2012.”
For a dividend history and other dividend-related data on American Campus Communities (ACC) click here.
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