Camden Property Trust Announces Fourth Quarter 2021 Dividend

Rhea-AI Summary

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) has declared a fourth quarter cash dividend of $0.83 per share, payable to shareholders on January 18, 2022, for those recorded by December 16, 2021. Camden, a prominent real estate company, manages 171 properties with a total of 58,588 apartment homes in the US and is on track to expand to 60,493 units upon completing 6 ongoing developments. Notably, Camden has been recognized by FORTUNE magazine as one of the 100 Best Companies to Work For® for 14 consecutive years, recently ranking #8.

Positive

• Declaration of a quarterly cash dividend of $0.83 per share boosts investor confidence.
• Expansion of portfolio to 60,493 apartment homes with ongoing development projects.
• Recognition as one of the 100 Best Companies to Work For® by FORTUNE for 14 years.

Negative

• None.

HOUSTON--(BUSINESS WIRE)-- 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, 2021 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 18, 2022.

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 171 properties containing 58,588 apartment homes across the United States. Upon completion of 6 properties currently under development, the Company’s portfolio will increase to 60,493 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 14 consecutive years, most recently ranking #8.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005124/en/

Kim Callahan, 713-354-2549

Source: Camden Property Trust

FAQ

What is the dividend amount declared by Camden Property Trust (CPT) for Q4 2021?

Camden Property Trust declared a cash dividend of $0.83 per share for Q4 2021.

When will Camden Property Trust (CPT) pay its Q4 2021 dividend?

The dividend will be paid on January 18, 2022.

What is the record date for Camden Property Trust's (CPT) Q4 2021 dividend?

The record date for the dividend is December 16, 2021.

How many apartment homes does Camden Property Trust (CPT) currently manage?

Camden Property Trust currently manages 58,588 apartment homes across 171 properties.

What recent recognition has Camden Property Trust (CPT) received?

Camden has been listed as one of the 100 Best Companies to Work For® by FORTUNE magazine for 14 consecutive years.