The board declared dividends on Class D, G and T cumulative preferred stock and on its Class P convertible cumulative preferred stock. Depending on the class of stock, the dividend per share will range from about 50 cents to 59 cents.
Dividends on shares of Class D, G, and T Cumulative Preferred Stock are payable on Jan.15, to shareholders of record on Jan. 1. Dividends on shares of Class P Convertible Cumulative Preferred Stock are payable on Jan. 15, to shareholders of record on December 31.
AIMCO owns and operates a geographically diversified portfolio of apartment communities through 19 regional operating centers. AIMCO, through its subsidiaries, operates approximately 1,685 properties, including approximately 300,000 apartment units with 1 million residents each year.
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