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Acadia Realty declares special dividend

December
21

Acadia Realty Trust, a real estate investment trust, said today it is paying a special dividend of 22.25 cents following the completion of sales of properties this month and earlier this year that resulted in taxable gains.

The dividend is payable Jan. 15 to shareholders of record as of Dec. 31, the White Plains-based company said, the same dates as its regular quarterly dividend of 21 cents.

This entry was posted on Friday, December 21st, 2007 at 4:14 pm by David Schepp.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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