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CLEVELAND, June 15, 2010 /PRNewswire via COMTEX News Network/ -- 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.
For more information, please contact:
Media Contact:
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Kimberly Kanary
(216) 797-8718
kkanary@AssociatedEstates.com
Investor Contact:
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Jeremy Goldberg
(216) 797-8715
jgoldberg@AssociatedEstates.com
SOURCE Associated Estates Realty Corporation
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