SCOTTSDALE, Ariz., Dec. 21, 2015 /PRNewswire/ -- American
Residential Properties, Inc. (NYSE: ARPI) (the "Company") today
announced that, on December 17, 2015,
its Board of Directors declared a dividend of $0.10 per share on the Company's outstanding
shares of common stock. The dividend will be payable in cash on
January 15, 2016 to stockholders of
record at the close of business on January
8, 2016.
About American Residential Properties, Inc.
American Residential Properties, Inc. is an internally managed
real estate company, organized as a REIT for federal income tax
purposes, that acquires, owns and manages single-family homes as
rental properties in select communities nationwide. The Company's
primary business strategy is to acquire, restore, lease and manage
single-family homes as well-maintained investment properties to
generate attractive, risk-adjusted returns over the long-term. With
a vertically integrated real estate acquisition and management
platform incorporating disciplined acquisition criteria, extensive
research, seasoned personnel and comprehensive operations, the
Company is well-positioned to execute its strategy.
Additional information about American Residential Properties,
Inc. can be found on the Company's website at
www.amresprop.com.
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SOURCE American Residential Properties, Inc.