Apartment Income REIT Corp. Announces Quarterly Common Dividend of $0.44 Per Share

Rhea-AI Summary

Apartment Income REIT Corp. (AIRC) has declared a quarterly cash dividend of $0.44 per share of its Class A Common Stock for the quarter ending September 30, 2021. This dividend will be payable on November 30, 2021, to stockholders of record on November 12, 2021. AIRC is a prominent real estate investment trust, managing quality apartment communities across 12 states and the District of Columbia, with a total of 100 communities. AIRC shares are traded on the New York Stock Exchange and are included in the S&P 400.

Positive

• Quarterly cash dividend of $0.44 per share increases income for shareholders.
• Strong presence in the U.S. housing market with 100 communities.

Negative

• None.

DENVER--(BUSINESS WIRE)-- Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.44 per share of Class A Common Stock for the quarter ended September 30, 2021. This dividend is payable on November 30, 2021, to stockholders of record on November 12, 2021.

AIR 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 100 communities in 12 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/20211027005871/en/

Beth Hagan

(303) 757-8101

investors@aircommunities.com

Source: Apartment Income REIT Corp.

FAQ

What is the amount of the dividend declared by AIRC?

AIRC declared a quarterly cash dividend of $0.44 per share.

When will AIRC pay the declared dividend?

The dividend will be payable on November 30, 2021.

What is the record date for the dividend?

The record date for the dividend is November 12, 2021.

How many apartment communities does AIRC manage?

AIRC manages 100 apartment communities across 12 states.

In which index is AIRC included?

AIRC is included in the S&P 400 index.