Preferred Apartment Communities (APTS) Raises Quarterly Dividend 6.4% to $0.25; 4.9% Yield

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Preferred Apartment Communities, Inc. Increases Quarterly Common Stock Dividend

October 23, 2017 4:12 PM EDT

ATLANTA, Oct. 23, 2017 /PRNewswire/ --

Fourth 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 $0.25 per share for the fourth quarter of 2017.  This is an increase of $0.015 per share or approximately 6.4% over the prior quarterly dividend rate of $0.235 per share paid to common stockholders for the third quarter of 2017.  This also represents a 13.6% increase in our common stock dividend from our fourth quarter 2016 common stock... More