HOUSTON--(BUSINESS WIRE)--
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) declared
a first quarter cash dividend of $0.70 per share to holders of record as
of March 31, 2009 of its Common Shares of Beneficial Interest. The
dividend is to be paid on April 17, 2009.
In addition, Camden announced that its Annual Meeting of Shareholders
will be held on May 6, 2009 at the Renaissance Hotel, 6 East Greenway
Plaza, Houston, Texas, at 10:00 a.m., Central Time. The Company intends
to begin mailing its Proxy Statement, Annual Report to Shareholders,
voting materials and other meeting information on or about March 27,
2009 to registered holders of record as of March 16, 2009. The Company
also intends to begin mailing a "Notice of Internet Availability of
Proxy Materials" to shareholders who hold their shares in "street name"
on or about March 27, 2009 containing instructions on how to access
Camden's 2009 proxy statement and annual report electronically, or how
to request paper copies.
In addition to historical information, this press release contains
forward-looking statements under the federal securities law. These
statements are based on current expectations, estimates and projections
about the industry and markets in which Camden operates, management's
beliefs, and assumptions made by management. Forward-looking statements
are not guarantees of future performance and involve certain risks and
uncertainties which are difficult to predict.
Camden Property Trust, an S&P 400 Company, is a real estate company
engaged in the ownership, development, acquisition, management and
disposition of multifamily apartment communities. Camden owns interests
in and operates 181 properties containing 62,903 apartment homes across
the United States. Upon completion of five properties under development,
the Company's portfolio will increase to 64,329 apartment homes in 186
properties. Camden was recently named by FORTUNE(R) Magazine for the
second consecutive year as one of the "100 Best Companies to Work For"
in America.
For additional information, please contact Camden's Investor Relations
Department at (800) 922-6336 or (713) 354-2787 or access our website at camdenliving.com.
Source: Camden Property Trust
Contact: Camden Property Trust, Houston
Kim Callahan, 713-354-2549