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Education Realty hikes quarterly dividend 3%

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Education Realty hikes quarterly dividend 3%

EducationRealty Trust Inc.'s board declared a quarterly cash dividend of 38cents per common share, 1 cent per share higher than the previous quarterlydividend.

The dividend will be payable Aug. 15 to shareholders ofrecord as of July 29. The company said it has raised its dividend in each ofthe last six years.