Preferred Apartment Communities (APTS) Raises Quarterly Dividend 6.8% to $0.235; 6.9% Yield

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Preferred Apartment Communities, Inc. Increases Quarterly Common Stock Dividend and Announces Date of First Quarter 2017 Earnings Release and Conference Call

April 17, 2017 4:15 PM EDT

ATLANTA, April 17, 2017 /PRNewswire/ --

Second Quarter 2017 Common Stock Dividend

Preferred Apartment Communities, Inc. (NYSE: APTS), or PAC, today announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.235 per share for the second quarter of 2017.  This is an increase of $0.015 per share or approximately 6.8% over the prior quarterly dividend rate of $0.22 per share paid to common stockholders for the first quarter of 2017.  This also represents an annualized dividend... More