Education Realty adds John V. Arabia to board of directors EdR (EDR) announced the appointment of John V. Arabia to the company’s Board of Directors, effective immediately. Arabia will serve as an independent director of the company. Arabia has served as president of Sunstone Hotel Investors (SHO) since February 2013, having previously served as the company’s CFO and EVP of corporate strategy from April 2011 to February 2013.
News For EDR;SHO From The Last 14 Days
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Education Realty increases dividend by 9% to 12c EdR announced that its board has approved a quarterly cash dividend of 12c per share of common stock. This represents a 9% increase in EdR’s dividend and, based on the company’s recent stock price, represents an annual yield of approximately 4.5%. The dividend will be payable August 15 to shareholders of record as of July 31.