ATLANTA--(BUSINESS WIRE)--Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.44 per share for the third quarter of 2015. The dividend is payable on October 15, 2015 to all common stockholders of record as of September 30, 2015.
About Post Properties
Post Properties, founded more than 40 years ago, is a leading developer and operator of upscale multifamily communities. Operating as a real estate investment trust (“REIT”), the Company focuses on developing and managing Post® branded high density urban and resort-style garden apartments. Post Properties is headquartered in Atlanta, Georgia, and has operations in nine markets across the country.
Post Properties has interests in 23,365 apartment units in 59 communities, including 1,471 apartment units in four communities held in unconsolidated entities and 1,834 apartment units in five communities currently under development.