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Smith Residential Realty Declares Quarterly Dividend

ARLINGTON, VA-Charles E. Smith is paying a dividend of $0.585 per share for the final quarter of 2000. Dividends are payable on Feb. 15 to shareholders of record as of Feb. 7.

By Diane Cook | Updated on January 24, 2001

ARLINGTON, VA-Charles E. Smith Residential Realty Inc. shareholders of record by can expect dividend checks to be released Feb. 15, 2001. On Jan. 24, the company’s board of directors declared a dividend of $0.585 per share for the final quarter of 2000 ending Dec. 31. The dividend will be payable on Feb. 15, 2001, to shareholders of record as of Feb. 7, 2001, say company officials.

Charles E. Smith Residential Realty is a locally based urban multifamily REIT. The company and its subsidiaries and its affiliates own, acquire, develop, and manage multifamily residential units in the District, Northern Virginia, Chicago, Boston and Southeast Florida. It owns or has an interest in approximately 28,000 units and another 1,600 units under construction. The firm’s total market capitalization exceeds $3 billion.

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