<< Read Full Article
<< Read Full Article
AIMCO 1Q FFO Down, Slashes Dividend By 60 Pct
Stock quotes in this article:
AIV
- Loading Comments...
DENVER (AP) — Apartment Investment and Management Co. said Friday that its first-quarter funds from operations declined partly due to lower occupancy. The apartment operator slashed its quarterly dividend by 60 percent.
Its funds from operations fell to $51.9 million, or 45 cents per share, compared with $67.3 million, or 51 cents per share. Funds from operations, also known as FFO, was 42 cents per share without real estate impairment recoveries.
Excluding capital replacement expenditures, FFO dropped to $35 million, or 30 cents per share, from $46.7 million, or 36 cents per share. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet