CLEVELAND, Sept. 20, 2011 /PRNewswire/ -- 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 November 1, 2011 to shareholders of record on October 14, 2011.
Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000 and the MSCI US REIT Indices. The Company is headquartered in Richmond Heights, Ohio. Associated Estates' portfolio consists of 52 properties containing 13,684 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 Realty Corporation