STOCK TITAN

Camden Property Trust Announces Fourth Quarter 2020 Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) announced a fourth quarter cash dividend of $0.83 per share for shareholders of record as of December 16, 2020, with payment scheduled for January 15, 2021. Camden, an S&P 400 Company, specializes in multifamily apartment management and development, currently operating 166 properties with 56,616 apartment homes across the U.S. The company is set to expand by completing 8 additional properties, raising its portfolio to 59,104 homes in 174 properties. Camden has earned recognition as one of the best workplaces for 13 consecutive years.

Positive
  • Declared a cash dividend of $0.83 per share, enhancing shareholder income.
  • Expansion plans to increase the portfolio to 59,104 apartment homes, signaling growth potential.
  • Recognition as one of the 100 Best Companies to Work For, enhancing company reputation.
Negative
  • None.

HOUSTON--()--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a fourth quarter cash dividend of $0.83 per share to holders of record as of December 16, 2020 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 15, 2021.

Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 166 properties containing 56,616 apartment homes across the United States. Upon completion of 8 properties currently under development, the Company’s portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.

For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.

Contacts

Kim Callahan, 713-354-2549

FAQ

What is the dividend amount for CPT in Q4 2020?

The dividend amount for CPS in Q4 2020 is $0.83 per share.

When is the dividend for CPT scheduled to be paid?

The dividend for CPT is scheduled to be paid on January 15, 2021.

What are the key developments for Camden Property Trust?

Camden is expanding its portfolio to 59,104 apartment homes by completing 8 additional properties.

How many properties does Camden Property Trust currently operate?

Camden Property Trust currently operates 166 properties.

Camden Property Trust

NYSE:CPT

CPT Rankings

CPT Latest News

CPT Stock Data

12.00B
105.09M
1.46%
98.83%
1.71%
REIT - Residential
Real Estate Investment Trusts
Link
United States of America
HOUSTON