ARC Declares Common Share, Preferred Stock and Preferred Operating Partnership Dividends

03/16/05 - LexisNexis

Topic 1 Business WireARC Declares Common Share, Preferred Stock and Preferred Operating Partnership Dividends March 16, 2005 WednesdayAffordable Residential Communities Inc. (NYSE: ARC) today announced that its Board of Directors declared a quarterly dividend of $0.3125 per share of common stock for the first quarter ended March 31, 2005. The common dividend is payable on April 15, 2005 to shareholders of record on March 31, 2005.(NYSE:ARC)