{"id":751601,"date":"2023-04-26T16:57:36","date_gmt":"2023-04-26T20:57:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/air-communities-announces-quarterly-common-dividend-of-0-45-per-share-4\/"},"modified":"2023-04-26T16:57:36","modified_gmt":"2023-04-26T20:57:36","slug":"air-communities-announces-quarterly-common-dividend-of-0-45-per-share-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/air-communities-announces-quarterly-common-dividend-of-0-45-per-share-4\/","title":{"rendered":"AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share<\/b><\/p>\n<p>DENVER&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nApartment Income REIT Corp. (&#8220;AIR&#8221;) (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of Class A Common Stock for the quarter ended March 31, 2023. This dividend is payable on May 30, 2023, to shareholders of record on May 19, 2023. On an annualized basis, the dividend represents $1.80 per share, reflecting a dividend yield of approximately 5.1% based on today\u2019s closing share price of $35.21.<\/p>\n<p><b>About AIR Communities<\/b><\/p>\n<p>\nApartment Income REIT Corp. (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (\u201cREIT\u201d). AIR\u2019s portfolio comprises 75 communities totaling 25,795 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIR\u2019s platform. For additional information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.aircommunities.com%2Foverview%2Fdefault.aspx&amp;esheet=53388285&amp;newsitemid=20230426005711&amp;lan=en-US&amp;anchor=aircommunities.com&amp;index=1&amp;md5=1797a5076704c99da73f27fb291ac674\">aircommunities.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230426005711r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230426005711\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230426005711\/en\/<\/a><\/span><\/p>\n<p>\nMatthew O\u2019Grady<br \/>\n<br \/>Senior Vice President, Capital Markets<br \/>\n<br \/>(303) 691-4566<\/p>\n<p>\nMary Jensen<br \/>\n<br \/>Head of Investor Relations<br \/>\n<br \/>(303) 691-4349<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@aircommunities.com\">investors@aircommunities.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Colorado United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230426005711\/en\/1774563\/3\/AIR_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share DENVER&#8211;(BUSINESS WIRE)&#8211; Apartment Income REIT Corp. (&#8220;AIR&#8221;) (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of Class A Common Stock for the quarter ended March 31, 2023. This dividend is payable on May 30, 2023, to shareholders of record on May 19, 2023. On an annualized basis, the dividend represents $1.80 per share, reflecting a dividend yield of approximately 5.1% based on today\u2019s closing share price of $35.21. About AIR Communities Apartment Income REIT Corp. (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (\u201cREIT\u201d). AIR\u2019s portfolio comprises 75 communities totaling 25,795 apartment homes located in 10 states &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-communities-announces-quarterly-common-dividend-of-0-45-per-share-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-751601","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-communities-announces-quarterly-common-dividend-of-0-45-per-share-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share DENVER&#8211;(BUSINESS WIRE)&#8211; Apartment Income REIT Corp. (&#8220;AIR&#8221;) (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of Class A Common Stock for the quarter ended March 31, 2023. This dividend is payable on May 30, 2023, to shareholders of record on May 19, 2023. On an annualized basis, the dividend represents $1.80 per share, reflecting a dividend yield of approximately 5.1% based on today\u2019s closing share price of $35.21. About AIR Communities Apartment Income REIT Corp. (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (\u201cREIT\u201d). 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