Preferred Apartment Communities, Inc. ( APTS ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.16 per share is scheduled to be paid on July 15, 2014. Shareholders who purchased APTS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that APTS has paid the same dividend. At the current stock price of $9.18, the dividend yield is 6.97%.
The previous trading day's last sale of APTS was $9.18, representing a -1.96% decrease from the 52 week high of $9.36 and a 20.47% increase over the 52 week low of $7.62.
APTS is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). APTS's current earnings per share, an indicator of a company's profitability, is -$1.22.
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