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globenewswire

Associated Estates Declares Common Share Dividend

  • Press Release
  • Source: Associated Estates Realty Corporation
  • On 10:27 am EDT, Wednesday September 16, 2009

CLEVELAND, Sept. 16, 2009 (GLOBE NEWSWIRE) -- Associated Estates Realty Corporation (NYSE:AEC - News) (Nasdaq:AEC - News) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable November 2, 2009 to shareholders of record on October 15, 2009.

Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000. The Company is headquartered in Richmond Heights, Ohio. Associated Estates' portfolio consists of 50 properties containing 12,451 units located in eight states. For more information about the Company, please visit its website at www.AssociatedEstates.com.

The Associated Estates Realty Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5181

Contact:

Associated Estates Realty Corporation
Media Contact:
Kim Kanary, Director of Corporate Communications
  (216) 797-8718
  kkanary@AssociatedEstates.com
Investor Contact:
Swarup Katuri, Senior Director of Corporate Finance and
 Investor Relations
  (216) 797-8743
  skaturi@AssociatedEstates.com

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