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Apartment Investment discloses per-share value of special dividend

Apartment Investment and Management Co. said it will pay a special dividend of $2.02 per common share.

The multifamily real estate investment trust, as disclosed earlier, will pay the special dividend March 22 to stockholders of record as of business close Feb. 22.

The special dividend amount payable comprises $67.1 million in cash and 4.5 million of common shares.