American Campus Communities (ACC) Raises Quarterly Dividend 4.5% to $0.46; 4.7% Yield

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American Campus Communities Announces Increased Quarterly Dividend

May 2, 2018 5:27 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC), the nations largest owner and manager of high-quality student housing properties, announced that on May 2, 2018 its Board of Directors declared a regular quarterly dividend of $0.46 per share of common stock, payable on May 25, 2018, to shareholders of record at the close of business on May 14, 2018. The declared dividend is a 4.5 percent increase over the prior quarterly dividend of $0.44 per share of common stock.

We are pleased to provide a sixth consecutive annual dividend increase for shareholders, said Bill Bayless, American Campus Communities CEO. The... More