Post Properties (PPS)


Price/Share*:

$16.43

Annual Dividend:

$0.80

Dividend Yield:

4.87%

Pay Date:

01/15

Ex-Dividend Date:

12/30

Record Date:

01/01


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Post Properties-(PPS)-engages in the development, ownership, and management of multifamily apartment communities in the United States. As of December 31, 2007, the company owned 22,578 apartment units in 63 apartment communities, including 1,747 apartment units in 2 communities held in unconsolidated entities and 2,266 apartment units in 7 communities. It is also developing and selling 535 for-sale condominium homes in 4 communities and converting 349 apartment homes into for-sale condominium homes in 2 communities. The company primarily operates in Atlanta, Georgia; Dallas, Texas; Washington, D.C.; and Tampa, Florida metropolitan areas. The company was founded in 1971 and is based in Atlanta, Georgia. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.