Company: Acadia Realty Trust (AKR)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company’s portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income. -Morningstar.com-
Symbol: AKR
Recent Price: $21.41
Dividends: $0.72
Yield: 3.36%
Sector: Real Estate
Industry: REIT-Retail
Address & Company Phone #: 411 Theodore Fremd Ave Ste. 300 Rye NY 10580, 914-288-8100
Transfer Agent: American Stock Transfer 888-200-3164
Moody’s Rating: NR
Minimum & Maximum Investment: $25 – $10,000/day
Investment Dates: Daily
Shares to Qualify: 1 Share or $250
Fees: Div.: $2.50 Cash: $2.50+10¢sh. Cert: $0 Sells: by Phone, Mail, Fax or Internet for $15+10¢sh.
52 Week High & Low: $17.90, $13.24