CLEVELAND, Dec. 11 /PRNewswire-FirstCall/ -- Associated Estates Realty
Corporation (NYSE: AEC) announced today that a quarterly dividend of $0.17
per share has been declared on the Company's common shares, payable
February 1, 2008 to shareholders of record on January 15, 2008.
Associates Estates Realty Corporation is a real estate investment trust
("REIT") and is a member of the Russell 2000 Index. The Company,
headquartered in Richmond Heights, Ohio, directly or indirectly owns,
manages or is a joint venture partner in 97 properties containing a total
of 19,799 units located in 9 states. For more information about the
Company, please visit its website at http://www.aecrealty.com.
For more information, please contact:
Michael Lawson
Vice President of Investor Relations and Corporate Communications
216-797-8798
mlawson@aecrealty.com
SOURCE Associated Estates Realty Corporation
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Related links: http://www.aecrealty.com/
CONTACT: Michael Lawson, Vice President of Investor Relations and Corporate Communications, +1-216-797-8798, mlawson@aecrealty.com
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