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Stock impact report

Aimco Reports Fourth Quarter Results

Apartment Investment and Management Company (AIV) 
Last apartment investment and management company earnings: 1/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.aimco.com
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter results for 2018. Chairman and Chief Executive Officer Terry Considine comments: “2018 was a solid year for Aimco. We increased estimated Net Asset Value per share by about 6% which, with our cash dividend, provided shareholders Economic Income of 8.5%. In our Same Store portfolio, we set company records for occupancy and NOI margins. In Redevelopment, we completed two major projects and continued investment in this accretive line of business. Our capital allocation activity led to an improved portfolio through investment in community acquisitions, capital enhancements, and redevelopments. We also repurchased 6% of our shares at a 20% discount to Aimco published Net Asset Value per share. We funded these accretive investments with proceeds from the sales of our Asset Management busin Show less Read more
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