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Camden Property Trust Keeping Dividend Steady

By Caroline Bennett – Sep 17, 2013 at 10:37AM

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Latest quarterly amount will be paid Oct. 17.

Camden Property Trust (CPT 0.49%) has announced plans to keep its dividend steady at $0.63 per share this quarter.

The real estate company has paid this same amount to investors since April 2013, after upping its amount 12.5%, from $0.56 per share. Camden's latest quarterly dividend will be payable on Oct. 17 to shareholders of record as of Sept. 30.

On an annualized basis, Camden Property's dividend adds to $2.52 per share of common stock. As of the market's close on Sept. 16, the company's stock was trading at $65.79, which means Camden Property's current dividend yield is 3.8%.

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Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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