CLEVELAND, June 15 /PRNewswire-FirstCall/ -- Associated Estates Realty Corporation (NYSE: AEC) (Nasdaq: AEC) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable August 2, 2010 to shareholders of record on July 15, 2010.
Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000. The Company is headquartered in Richmond Heights, Ohio. Associated Estates' owned and non-owned portfolio consists of 50 properties containing 12,670 units located in eight states. For more information about the Company, please visit its website at www.AssociatedEstates.com.
SOURCE Associated Estates Realty Corporation