January 30, 2008 / 7:56 PM / 9 years ago

BRIEF-Apartment Investment and Management special dividend

1 IN. DI LETTURA

 Jan 30 (Reuters) - APARTMENT INVESTMENT AND MANAGEMENT CO (AIV.N):  * 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   

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