AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share

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Apr 26, 2023

Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of Class A Common Stock for the quarter ended March 31, 2023. This dividend is payable on May 30, 2023, to shareholders of record on May 19, 2023. On an annualized basis, the dividend represents $1.80 per share, reflecting a dividend yield of approximately 5.1% based on today’s closing share price of $35.21.