HOUSTON, Jan. 6 /PRNewswire-FirstCall/ -- AmREIT , a Houston based real estate investment trust, announced quarterly dividends on its class A, B, C and D common shares.
The Board of Trust Managers of AmREIT declared quarterly class A, B, C and D dividends for the first quarter of 2006 that will be paid to shareholders of record based on the dates shown in the following table. Payments will be distributed using the following schedule.
Share Class 1Q 2006 Payment Schedule
Total January February March
Class A Dividend/Share $0.1242 $0.0414 $0.0414 $0.0414
Class B Dividend/Share $0.1851 --- --- $0.1851
Class C Dividend/Share $0.1750 $0.0583 $0.0583 $0.0583
Class D Dividend/Share $0.1625 $0.0542 $0.0542 $0.0542
Record Date 1/20/06 2/17/06 3/21/06
Payable Date 1/31/06 2/28/06 3/31/06
About AmREIT
AmREIT is a 20-year old real estate operating and merchant development company supported by a Joint Venture & Partnership business. We operate as a real estate investment trust ("REIT") and manage a portfolio of premier retail shopping center and frontage properties typically located on "Main & Main" intersections in highly populated, high-traffic, affluent areas, or what we call Irreplaceable Corners(TM). The company leverages its operational and developmental expertise to sponsor Joint Venture & Partnership "income and growth" funds in which our shareholders can benefit from profits and fees without additional capital risks. Since listing on the AMEX in 2002, AmREIT has increased core assets under management from $74 million to over $312 million and has an additional $60 million, up from $15 million, of partnership equity under management.
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 AmREIT operates, management's beliefs and assumptions made by management. Past performance is not indicative of future returns. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.
For more information, contact Debbie Lucas, AmREIT, at (713) 850-1400, or Chad Braun, AmREIT, at (713) 850-1400. Additional information about AmREIT is available online at http://www.amreit.com/ .
FOR INFORMATION CONTACT:
Debbie Lucas (
