American Campus Communities Announces Quarterly Dividend
American Campus Communities (ACC) announced a quarterly dividend of $0.47 per share, to be paid on May 21, 2021, for shareholders on record by May 10, 2021.
ACC is the largest owner and manager of student housing in the U.S., with 166 properties and approximately 111,900 beds as of March 31, 2021. The total managed portfolio includes 207 properties and about 142,400 beds.
- Declared a quarterly dividend of $0.47 per share, enhancing income for shareholders.
- Strong portfolio management with 166 owned properties and 111,900 beds.
- Uncertainties regarding the impact of COVID-19 on future performance and operations.
American Campus Communities, Inc. (NYSE: ACC), the nation’s largest owner and manager of high-quality student housing properties in the U.S., announced that on April 28, 2021 its Board of Directors declared a regular quarterly dividend of
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of March 31, 2021, American Campus Communities owned 166 student housing properties containing approximately 111,900 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consisted of 207 properties with approximately 142,400 beds. Visit www.americancampus.com.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements under the applicable federal securities law. These statements are based on management’s current expectations and assumptions regarding markets in which American Campus Communities, Inc. (the “Company”) operates, operational strategies, anticipated events and trends, the economy, and other future conditions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. These risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward looking-statements include those related to the COVID-19 pandemic, about which there are still many unknowns, including the duration of the pandemic and the extent of its impact, and those discussed in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020 under the heading “Risk Factors” and under the heading “Business - Forward-looking Statements” and subsequent quarterly reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statements, including our preleasing activity or expected full year 2021 operating results, whether as a result of new information, future events, or otherwise.
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FAQ
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