MEMPHIS, Tenn.--(BUSINESS WIRE)--EdR (NYSE:EDR), a leader in the ownership, development and management of collegiate housing, announced today that its board of directors has approved a quarterly cash dividend of $0.11 per share of common stock — an increase of 10%. The dividend will be payable August 15, 2013 to shareholders of record as of July 31, 2013.
EdR (NYSE:EDR) is one of America's largest owners, developers and managers of collegiate housing. EdR is a self-administered and self-managed real estate investment trust that owns or manages 65 communities in 24 states with nearly 36,000 beds. For details, please visit the company's Web site at www.EdRtrust.com.
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