Camden Property Trust Announces Second Quarter 2024 Dividend

Rhea-AI Summary

Camden Property Trust (NYSE:CPT) announced a second-quarter dividend of $1.03 per share for shareholders of record as of June 28, 2024. The dividend will be paid on July 17, 2024. Camden owns and manages 171 properties with 58,061 apartment homes across the U.S., and this will increase to 59,227 homes upon completing four properties under development. The company has been listed among FORTUNE magazine's 100 Best Companies to Work For® for 17 years, ranking #24 most recently.

Positive

• Declared a dividend of $1.03 per share for Q2 2024.
• Dividend payout date set for July 17, 2024.
• 171 properties with 58,061 apartment homes across the U.S.
• Portfolio expected to grow to 59,227 homes in 175 properties.
• Recognized by FORTUNE as one of the 100 Best Companies to Work For® for 17 consecutive years.

Negative

• No mention of revenue, EPS, or financial performance in the PR.
• Potential risks related to the completion and integration of properties under development.

HOUSTON--(BUSINESS WIRE)-- The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a second quarter cash dividend of $1.03 per share to holders of record as of June 28, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2024.

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 58,061 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company’s portfolio will increase to 59,227 apartment homes in 175 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 17 consecutive years, most recently ranking #24.

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/20240614312732/en/

(713) 354-2787

Source: Camden Property Trust

FAQ

What is the dividend CPT announced for the second quarter of 2024?

Camden Property Trust announced a dividend of $1.03 per share for the second quarter of 2024.

When is the record date for Camden Property Trust's Q2 2024 dividend?

The record date for the Q2 2024 dividend is June 28, 2024.

When will CPT pay its second-quarter 2024 dividend?

Camden Property Trust will pay its second-quarter 2024 dividend on July 17, 2024.

How many properties does Camden Property Trust own?

Camden Property Trust owns and operates 171 properties.

How many apartment homes are in Camden Property Trust's current portfolio?

Camden Property Trust's portfolio contains 58,061 apartment homes.

What is the projected number of apartment homes after Camden completes its developments?

After completing its developments, Camden Property Trust will have 59,227 apartment homes.

How long has Camden Property Trust been recognized by FORTUNE as a top company to work for?

Camden Property Trust has been recognized by FORTUNE as one of the 100 Best Companies to Work For® for 17 consecutive years.

What was Camden Property Trust's rank in FORTUNE's latest list of best companies to work for?

Camden Property Trust ranked #24 in FORTUNE's latest list of best companies to work for.