Camden Property Trust Announces Fourth Quarter 2022 Dividend

Rhea-AI Summary

The Camden Property Trust (NYSE:CPT) announced a fourth quarter cash dividend of $0.94 per share, payable to shareholders on January 17, 2023, with a record date of December 16, 2022. Camden Property Trust owns and manages 171 properties with a total of 58,433 apartment homes across the United States, and plans to expand to 178 properties with the completion of 7 additional developments. The company has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 15 consecutive years, currently ranking #26.

Positive

• Dividend of $0.94 per share demonstrates financial stability.
• Expansion plans to increase portfolio to 60,652 homes enhance growth potential.
• Recognition as one of the 100 Best Companies to Work For boosts company reputation.

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 $0.94 per share to holders of record as of December 16, 2022 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 17, 2023.

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 171 properties containing 58,433 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company’s portfolio will increase to 60,652 apartment homes in 178 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 15 consecutive years, most recently ranking #26.

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/20221201005090/en/

Kim Callahan, 713-354-2549

Source: Camden Property Trust

FAQ

What is the dividend amount for Camden Property Trust (CPT) in Q4 2022?

The dividend amount is $0.94 per share.

When is the dividend payment date for CPT?

The dividend will be paid on January 17, 2023.

What is the record date for Camden Property Trust's Q4 2022 dividend?

The record date is December 16, 2022.

How many apartment homes does Camden Property Trust currently operate?

Camden Property Trust currently operates 58,433 apartment homes.

How is Camden Property Trust recognized in the industry?

Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine.