Aimco increases quarterly dividend to 24c per share Aimco declared a quarterly cash dividend of 24c per share of Class A Common Stock for the quarter ended December 31, 2012. The dividend is payable on February 28 to stockholders of record on February 15.
Aimco upgraded at Raymond James As previously reported, Raymond James upgraded Aimco to Strong Buy from Market Perform. The firm upgraded shares based on the substantial increase in portfolio quality over the past year, an accretive re-development program, cap rate compression in key markets, and visibility to an investment grade rating. Price target raised to $39.