CLEVELAND, Dec. 9, 2010 /PRNewswire-FirstCall/ -- Associated Estates Realty Corporation (NYSE, NASDAQ: AEC) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable February 1, 2011 to shareholders of record on January 14, 2011.
Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000 and the MSCI US REIT Index. The Company is headquartered in Richmond Heights, Ohio. Associated Estates' portfolio consists of 51 properties containing 13,198 units located in eight states. For more information about the Company, please visit its website at www.AssociatedEstates.com.
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SOURCE Associated Estates