Monogram Residential Trust (MORE) Declares $0.075 Quarterly Dividend; 3% Yield

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Monogram Residential Trust, Inc. Declares Second Quarter 2016 Dividend

May 26, 2016 4:15 PM EDT

PLANO, Texas, May 26, 2016 /PRNewswire/ -- Monogram Residential Trust, Inc. (NYSE: MORE) ("Monogram" or the "Company"), an owner, operator and developer of luxury apartment communities with a significant presence in select coastal markets across the United States, today announced that its board of directors authorized a cash dividend of $0.075 per share on common stock for the second quarter of 2016.  The dividend will be payable on July 8, 2016 to shareholders of record at the close of business on June 30, 2016. 

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