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0 0 0 0 0.0126210742588788 0.00968594071030227 0.00645729380686818 -0.000440270032286486
Stock impact report

Apartment Investment and Management Company Authorizes Special Dividend and Reverse Stock Split

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 that 2020 property sales, including the previously announced California Joint Venture, generated taxable gains in excess of the company’s regular quarterly dividend. On October 21, 2020, the Board of Directors (the “Board”) of Aimco declared a special dividend payable to holders of Aimco’s common stock as of the close of business on November 4, 2020 (the “Record Date”) with an aggregate value of $8.20 multiplied by the number of outstanding shares of Aimco’s common stock on the Record Date (the “Dividend Value”), comprised of cash and Aimco common stock.The aggregate cash amount of the special dividend will be $0.82 per share (the “Cash Amount”). This amount includes Aimco’s regular quarterly cash dividend for the fourth quarter and accelerates into 2020 the payment of the first regular quarterly dividend for 2021. The aggregate value of Aimco common stock distributed pursuan Show less Read more
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