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| Camden Property Trust Announces Second Quarter Dividends on Common And Preferred Shares |
HOUSTON, June 15 /PRNewswire/ -- The Board of Trust Managers of Camden Property Trust (NYSE: CPT) today declared a $0.5625 per share dividend distribution to holders of record as of June 30, 2000 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2000. The Board also declared a second quarter dividend of $0.5625 per share for its Series A Cumulative Convertible Preferred Shares. The preferred dividend is payable on August 15, 2000 to all Series A preferred shareholders of record as of June 30, 2000. Camden Property Trust is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 156 properties containing 54,784 apartment homes in the Sunbelt and Midwestern markets from Florida to California. Upon completion of two properties under development, the Company's portfolio will increase to 55,784 apartment homes in 158 properties. For more information, please contact Camden's Investor Relations Department at 1-800-9Camden, or 713/354-2787, or access Camden's web site at http://www.camdenprop.com.SOURCE Camden Property Trust
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CONTACT:
Investor Relations of Camden Property Trust,
800-9Camden, or 713-354-2787
