Preferred Apartment Communities (APTS) Raises Quarterly Dividend 2.9% to $0.18; 6.4% Yield

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Go back to Preferred Apartment Communities (APTS) Raises Quarterly Dividend 2.9% to $0.18; 6.4% Yield

Preferred Apartment Communities, Inc. Increases Quarterly Common Stock Dividend

April 29, 2015 4:15 PM EDT

ATLANTA, April 29, 2015 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE MKT: APTS), or the Company, today announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.18 per share for the second quarter of 2015, an increase of $0.005 per share or approximately 2.9% over the prior quarterly dividend rate of $0.175 per share paid to common stockholders for the first quarter of 2015.  This also represents a 44.0% overall increase in our common stock dividend since our IPO... More