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Apartment Income REIT Corp. (AIRC) announced a quarterly cash dividend of $0.43 per share for the quarter ending December 31, 2020, reflecting a 5% increase from previous dividends in 2020. The dividend will be paid on February 26, 2021, to stockholders recorded by February 12, 2021. As one of the largest owners and operators of apartment communities in the U.S., AIR manages 98 communities across 12 states and the District of Columbia. AIRC shares are traded on the NYSE and included in the S&P 400.
Apartment Income REIT Corp. (AIRC) is set to announce its Fourth Quarter 2020 earnings on February 10, 2021, after market close. The subsequent earnings conference call will take place on February 11, 2021, at 1:00 PM Eastern time. A live webcast will be available on their investor relations website. AIR operates as a real estate investment trust (REIT) with a strong presence, managing 98 communities across 12 states plus D.C., making it one of the largest apartment owners in the U.S.
Apartment Income REIT Corp. (NYSE: AIRC) has successfully separated from Apartment Investment and Management Company (Aimco) as of December 15, 2020. Each Aimco stockholder received one share of AIRC for every Aimco share held. AIRC will trade on the NYSE under the symbol 'AIRC'. CEO Terry Considine highlighted AIRC's focus on the multifamily sector, emphasizing transparency and lower management costs. The company operates 98 apartment communities across 12 states and the District of Columbia. Citigroup served as the lead financial advisor for this transaction.