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Published in Business and Finance on Wednesday, June 15th 2011 at 13:10 GMT by Market Wire

CHARLOTTE, N.C.--([ BUSINESS WIRE ])--Campus Crest Communities, Inc. (the aCompanya) (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today announced that its Board declared its second quarter 2011 dividend of $0.16 per common share and operating partnership unit. The dividend is payable on July 13, 2011, to shareholders of record on June 29, 2011.
About Campus Crest Communities, Inc.
Campus Crest Communities, Inc. (NYSE: CCG) is a leading owner, developer and manager of high-quality student housing properties located in targeted U.S. markets. The Company is a self-managed, self-administered and vertically-integrated real estate investment trust which operates all of its properties under The Grove® brand. Campus Crest Communities owns interests in 27 student housing properties containing approximately 5,048 apartment units and 13,580 beds. Since its inception, the Company has focused on customer service, privacy, on-site amenities and other lifestyle considerations to provide college students with a higher standard of living. Additional information can be found on the Company's website at [ http://www.campuscrest.com ].