AmREIT (AMRE) Tops Q3 EPS by 20c
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November 4, 2014 8:57 AM EST
AmREIT (NYSE: AMRE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.
The dividend will be payable on December 31, 2014, to stockholders of record on December 19, 2014, with an ex-dividend date of December 17, 2014.
The annual yield on the dividend is 3 percent.
For a... More
November 3, 2014 10:36 AM EST
AmREIT (NYSE: AMRE) announced late Friday that it has entered into a definitive agreement with Edens Investment Trust (EDENS) under which EDENS will acquire all outstanding shares of common stock of AmREIT for $26.55 per share in an all-cash transaction with a total enterprise value of approximately $763 million.
The transaction, which has been unanimously approved by AmREIT's Board of Directors, represents a premium of nearly 40% over AmREITs closing... More
