Aimco Declares Dividends On Class U And Z Cumulative Preferred Stock

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV, AIVPrT, AIVPrU, AIVPrV, AIVPrY, AIVPrZ) announced today that its Board of Directors declared dividends on shares of its Class U and Z Cumulative Preferred Stock. Dividend information is as follows:
           
Class of Preferred Stock    

Beginning ofDividend Period
   

End ofDividend Period
   

Per Share DividendDeclared
7.750% Class U Preferred April 15, 2012 July 14, 2012 $0.484375
7.000% Class Z Preferred April 15, 2012 July 14, 2012 $0.4375
 

Dividends are payable on July 15, 2012, to shareholders of record on July 1, 2012.

As announced on May 16, 2012, Aimco will redeem all outstanding shares of its Class T, V and Y Cumulative Preferred Stock on June 15, 2012, at $25.00 per share plus an amount equal to accumulated and unpaid dividends thereon to the redemption date.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country’s largest owners and operators of apartments, with 361 communities serving approximately 250,000 residents in 30 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.

Copyright Business Wire 2010

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