Camden Property Trust Announces Third Quarter Dividend
Camden Property Trust (NYSE:CPT) is making waves with its recent announcement about the cash dividend for the third quarter. The Company’s Board of Trust Managers has declared a dividend of $1.03 per share for its shareholders. This news is particularly significant for those holding Camden’s Common Shares of Beneficial Interest.
Dividend Distribution Details
This dividend will reach shareholders who are on the books as of September 30, 2024, and it is set to be paid out on October 17, 2024. These timely distributions highlight Camden’s dedication to delivering value to its investors and showcase the company's strong financial health alongside a consistent dividend policy.
An Overview of Camden Property Trust
Camden Property Trust is a well-known name among S&P 500 companies, carving a niche in the competitive real estate market with a strong focus on multifamily apartment communities. The Company proudly oversees a diverse portfolio, managing and owning 172 properties that comprise an impressive 58,250 apartment homes across the United States. This variety in properties is a testament to Camden's expertise in management, development, and construction.
Current Developments and Future Expansion
As part of its ambitious growth plans, Camden is actively developing five additional properties. Once these developments are completed, the Company’s portfolio will expand to include a total of 59,996 apartment homes across 177 properties, further reflecting Camden’s commitment to growth and excellence in providing quality residential living.
A Recognized Workplace Culture
Camden has been recognized consistently by FORTUNE magazine as one of the 100 Best Companies to Work For, achieving this prestigious honor for 17 years in a row. Most recently, the Company earned the #24 ranking, showcasing not only its commitment to residents but also to fostering a positive and rewarding environment for its employees.
Investor Relations and Contact Details
Anyone looking to learn more about Camden Property Trust and its activities can reach out to the Investor Relations Department at (713) 354-2787. Additionally, further information and updates can be found on their official website, where potential and current investors can access valuable resources regarding the company's performance and growth strategies.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend for the third quarter is $1.03 per share.
When will the dividend be paid?
The dividend is scheduled for payment on October 17, 2024.
What is the record date for the dividend?
Shareholders must be on the record by September 30, 2024, to qualify for this dividend.
How many properties does Camden own?
Camden Property Trust owns and manages a total of 172 properties, which contain 58,250 apartment homes.
Has Camden received any workplace accolades?
Yes, Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years.
