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Apartment Investment and Management Company Declares Dividends on Class T, U, V and Y Cumulative Preferred Stock

^{Published on 2010-09-13 09:55:24 - Market Wire}
 

DENVER--([ BUSINESS WIRE ])--Apartment Investment and Management Company (aAimcoa) (NYSE:AIV) announced today that its Board of Directors declared dividends on shares of its Class T, U, V and Y Cumulative Preferred Stock. Dividend information is as follows:

Dividends on shares of Class T, U, V and Y Cumulative Preferred Stock are payable on October 15, 2010, to shareholders of record on October 1, 2010.

As announced on September 7, 2010, Aimco will redeem all outstanding shares of its Class G Cumulative Preferred Stock ("Class G") (NYSE: AIVPrG) on October 7, 2010, at a redemption price of $25.00 per share plus an amount equal to accumulated and unpaid dividends thereon to the redemption date of $0.5469 per share.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the 20 largest markets in the United States. Aimco is one of the countrya™s largest owners and operators of both conventional and affordable apartments, with 817 communities serving approximately 500,000 residents in 43 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our website at [ www.aimco.com ].