NYSE:AIV

Aimco Provides an Update on Residential Rent Collections

Friday, May 8, 2020 - 1:44am

In April, Aimco was owed approximately $69 million of multi-family revenue and recognized 99%, after a 1% provision for Bad Debt.

Key Points: 
  • In April, Aimco was owed approximately $69 million of multi-family revenue and recognized 99%, after a 1% provision for Bad Debt.
  • Through the first six days of May, Aimco has collected 88% of billed residential rent; identical to Aimcos collection percentage through the first six days of April.
  • Aimco is one of the country's largest owners and operators of apartments, with 124 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

Aimco Announces Quarterly Common Dividend of $0.41 Per Share

Wednesday, April 29, 2020 - 9:15pm

Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.41 per share of Class A Common Stock for the quarter ended March 31, 2020, an increase of 5% compared to the regular quarterly cash dividends paid during 2019.

Key Points: 
  • Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.41 per share of Class A Common Stock for the quarter ended March 31, 2020, an increase of 5% compared to the regular quarterly cash dividends paid during 2019.
  • This dividend is payable on May 29, 2020, to stockholders of record on May 15, 2020.
  • Aimco is one of the country's largest owners and operators of apartments, with 124 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

Aimco Announces Dates for First Quarter 2020 Earnings Release and Conference Call

Tuesday, April 7, 2020 - 11:49pm

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States.

Key Points: 
  • Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States.
  • Aimco is one of the country's largest owners and operators of apartments, with 124 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500.
  • For more information about Aimco, please visit our website at www.aimco.com .

Aimco Provides an Update on COVID-19 and 2020 Guidance

Tuesday, March 24, 2020 - 12:45pm

Aimcos first priority is the health and safety of our residents and teammates, said Terry Considine, Aimco Chairman and Chief Executive Officer.

Key Points: 
  • Aimcos first priority is the health and safety of our residents and teammates, said Terry Considine, Aimco Chairman and Chief Executive Officer.
  • Chief Financial Officer Paul Beldin reported: Aimco expects first quarter 2020 results to be good, in-line with our announced expectations.
  • However, until we know better the economic consequences of the pandemic, we are withdrawing our previous guidance to full year 2020 results.
  • Beldin added, The Aimco balance sheet remains safe, comprised primarily of non-recourse property debt with LTVs approximating 32% and limited near-term maturities.

Updating Aimco’s Participation in Citi 2020 Global Property CEO Conference

Friday, February 28, 2020 - 11:02pm

Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today that Chairman/CEO, Terry Considine, and CFO, Paul Beldin, will host a roundtable discussion at the Citi 2020 Global Property CEO Conference.

Key Points: 
  • Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today that Chairman/CEO, Terry Considine, and CFO, Paul Beldin, will host a roundtable discussion at the Citi 2020 Global Property CEO Conference.
  • Due to changes to the conference schedule, the discussion is now scheduled on Monday, March 2, 2020, beginning at 4:30 p.m. Eastern Time.
  • The event will be available live via webcast on Aimcos website at http://investors.aimco.com .
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

Aimco Announces Participation in Citi 2020 Global Property CEO Conference

Friday, February 21, 2020 - 9:15pm

Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today that Chairman/CEO, Terry Considine, and CFO, Paul Beldin, will host a roundtable discussion at the Citi 2020 Global Property CEO Conference on Wednesday, March 4, 2020, beginning at 10:50 a.m. Eastern Time.

Key Points: 
  • Apartment Investment and Management Company (Aimco) (NYSE: AIV) announced today that Chairman/CEO, Terry Considine, and CFO, Paul Beldin, will host a roundtable discussion at the Citi 2020 Global Property CEO Conference on Wednesday, March 4, 2020, beginning at 10:50 a.m. Eastern Time.
  • The event will be available live via webcast on Aimcos website at http://investors.aimco.com/webcasts.
  • Aimco is one of the country's largest owners and operators of apartments, with 124 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

Aimco Announces Quarterly Common Dividend of $0.41 Per Share

Wednesday, January 29, 2020 - 9:15pm

Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.41 per share of Class A Common Stock for the quarter ended December 31, 2019, an increase of 5% compared to the regular quarterly cash dividends paid during 2019.

Key Points: 
  • Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.41 per share of Class A Common Stock for the quarter ended December 31, 2019, an increase of 5% compared to the regular quarterly cash dividends paid during 2019.
  • This dividend is payable on February 28, 2020, to stockholders of record on February 14, 2020.
  • Aimco is one of the country's largest owners and operators of apartments, with 128 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500.

Apartment Investment and Management Company Announces 2019 Dividend Income Tax Allocation

Wednesday, January 15, 2020 - 10:21pm

Apartment Investment and Management Company ("Aimco") (NYSE: AIV and AIVPrA) announced today the 2019 dividend allocation for federal income tax purposes for its Class A Common Stock and its Class A Cumulative Preferred Stock.

Key Points: 
  • Apartment Investment and Management Company ("Aimco") (NYSE: AIV and AIVPrA) announced today the 2019 dividend allocation for federal income tax purposes for its Class A Common Stock and its Class A Cumulative Preferred Stock.
  • Aimcos tax return for the year ended December 31, 2019, has not yet been filed.
  • As a result, the income tax allocation for the dividends discussed below has been calculated using the best available information as of the date of this release.
  • Aimco encourages shareholders to consult with their own tax advisors with respect to federal, state and local income tax effects of these dividends.