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DENVER-The board of the Denver-based Apartment Investment and Management Co., which by some measures is the nation’s largest apartment REIT, declared a dividend on two classes of preferred stock.

It will pay $0.63 per share on its publicly traded 10.1% Class Q Cumulative Preferred Stock and a dividend of $0.63 per share on its publicly traded 10.0% Class R Cumulative Preferred Stock.

Dividends for both classes of preferred stock are payable on Dec.15, to shareholders of record on Dec. 1.

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, and serves approximately one million residents each year.

AIMCO’s properties are in 47 states, the District of Columbia and Puerto Rico. AIMCO common shares are included in the S&P 500.

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