Preferred Apartment Communities (APTS) Declares $0.235 Quarterly Dividend; 5.3% Yield

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Preferred Apartment Communities, Inc. Announces Third Quarter 2017 Common Stock Dividend

August 7, 2017 12:21 PM EDT

ATLANTA, Aug. 7, 2017 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that, on August 3, 2017, its Board of Directors declared a quarterly dividend on its common stock of $0.235 per share of common stock payable October 16, 2017, to common stockholders of record on September 15, 2017. "We are committed to continuing to pay a dividend to our common stockholders out of our earnings with the goal of increasing the dividend over time" said Leonard A. Silverstein, the President and Chief Operating Officer and a director of PAC.  Mr. Silverstein added, "This... More