BRIEF-Apartment Investment and Management special dividend

mercoledì 30 gennaio 2008 20:55
 

 Jan 30 (Reuters) - APARTMENT INVESTMENT AND MANAGEMENT CO
(AIV.N: Quotazione):
 * Apartment Investment and Management Co announces results of
special dividend election
 * Says special dividend of $2.51 per Class A share is payable
Jan. 30, 2008
 * Apartment Investment and Management says expects special
dividend to consist of about 4.6 million shares of Class A
common stock and about $55 million cash
 * Apartment Investment and Management says portion of special
dividend in amount of 60 cents per share represents accelerated
payment of dividend for December quarter
 * Apartment Investment and Management says $1.91 per share of
total special dividend is due to taxable gains arising from
property dispositions in 2007