Camden Property Trust Announces Second Quarter 2021 Dividend

Rhea-AI Summary

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) has declared a cash dividend of $0.83 per share for the second quarter, payable on July 16, 2021, to shareholders of record as of June 30, 2021. Camden, recognized in FORTUNE's 100 Best Companies to Work For for 14 consecutive years, owns and operates 168 properties with a total of 57,179 apartment homes across the U.S. With 8 properties under development, the portfolio is set to grow to 59,787 homes.

Positive

• Declaring a cash dividend of $0.83 per share reflects company confidence.
• Strong portfolio growth expected with 8 properties under development.
• Recognition as one of the 100 Best Companies to Work For enhances company reputation.

Negative

• None.

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a second quarter cash dividend of $0.83 per share to holders of record as of June 30, 2021 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 16, 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 168 properties containing 57,179 apartment homes across the United States. Upon completion of 8 properties currently under development, the Company’s portfolio will increase to 59,787 apartment homes in 176 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/20210615006021/en/

FAQ

What is the dividend amount declared by Camden Property Trust in Q2 2021?

Camden Property Trust declared a cash dividend of $0.83 per share for Q2 2021.

When will Camden Property Trust's Q2 2021 dividend be paid?

The dividend will be paid on July 16, 2021.

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

The record date for the dividend is June 30, 2021.

How many properties does Camden Property Trust currently own?

Camden Property Trust owns 168 properties containing 57,179 apartment homes.

What is the expected growth in Camden Property Trust's portfolio?

With 8 properties under development, the portfolio will grow to 59,787 apartment homes.