Post Properties, Inc. (PPS) Raises Quarterly Dividend 11.1% to $0.40; 3.1% Yield

Post Properties, Inc. (NYSE: PPS) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is an 11.1% increase from the prior dividend of $0.36.

The dividend will be payable on July 15, 2014, to stockholders of record on June 30, 2014, with an ex-dividend date of June 26, 2014.

The annual yield on the dividend is 3.1 percent.

Said Dave Stockert, CEO and President, “We are pleased to raise the dividend to common shareholders, to reflect the strength of our business, and consistent with our capital allocation plans. With today’s announcement, we expect our annualized rate of common dividends to increase to $1.60 per share.”

For a dividend history and other dividend-related data on Post Properties, Inc. (PPS) click here.

You May Also Be Interested In

• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield
• Winnebago Industries (WGO) Raises Quarterly Dividend 2.9% to $0.36; 4.4% Yield
• LyondellBasell Industries (LYB) Declares $0.69 Quarterly Dividend; 4.4% Yield