Apartment Investment and Management 6.875% Cumulative Redeemable Preferred Stock

By: ,

Issue Date   5/9/2014     Shares Sold  5,000,000   NO over-allotment shares

S&P Rating   B+   Moodys Rating   Ba3

Security Ticker Symbol   AIV-A


Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2014

Quarterly Dividend .43     Annual Dividend   1.7188

Securities may be redeemed, at the issuers option, as early as 05/16/2019  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions.  Dividends paid by REITs on preferred stock is not eligible for preferential treatment in regards to taxes.

Maturity Date   None


Company Investor Relations Page for Apartment Investment and Management

Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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