Apartment Investment and Management (AIV) To Go Ex-Dividend on January 14th

Apartment Investment and Management (NYSE:AIV) declared a special dividend on Thursday, December 19th,RTT News reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.60 per share by the real estate investment trust on Friday, January 31st. The ex-dividend date of this dividend is Tuesday, January 14th.

Apartment Investment and Management Price Performance

Shares of AIV opened at $8.27 on Friday. The company’s 50-day moving average is $8.65 and its 200-day moving average is $8.68. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market capitalization of $1.17 billion, a PE ratio of -4.78 and a beta of 1.39. Apartment Investment and Management has a fifty-two week low of $7.06 and a fifty-two week high of $9.48.

Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings data on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.05). The company had revenue of $53.16 million for the quarter. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. Equities analysts forecast that Apartment Investment and Management will post -0.8 EPS for the current year.

Apartment Investment and Management Company Profile

Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.