AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share

Rhea-AI Summary

Apartment Income REIT Corp. (NYSE: AIRC) has declared a quarterly cash dividend of $0.45 per share for Class A Common Stock for the quarter ending June 30, 2022. The dividend is payable on August 30, 2022, to shareholders on record as of August 19, 2022. AIRC is a prominent real estate investment trust with a focus on quality apartment management across major U.S. markets, operating 76 communities in 11 states and the District of Columbia.

Positive

• Quarterly cash dividend of $0.45 per share announced.
• Dividend payment date set for August 30, 2022.

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• None.

DENVER--(BUSINESS WIRE)-- Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of Class A Common Stock for the quarter ended June 30, 2022. This dividend is payable on August 30, 2022, to stockholders of record on August 19, 2022.

About AIR

Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 76 communities in 11 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220727005912/en/

Matthew O’Grady

Senior Vice President, Capital Markets

investors@aircommunities.com

(303) 691-4566

Source: Apartment Income REIT Corp

FAQ

What is the dividend amount declared by AIRC?

AIRC declared a quarterly cash dividend of $0.45 per share.

When is AIRC's dividend payable?

The dividend is payable on August 30, 2022.

Who are the shareholders of record for AIRC's dividend?

Shareholders of record are those on August 19, 2022.

How many communities does AIRC operate?

AIRC operates 76 apartment communities.

In which markets does AIRC focus its operations?

AIRC focuses on quality apartment communities in major U.S. markets.