Article: Summit Properties Declares Third Quarter Dividend.

Summit Properties Inc. announced today that its Board of Directors declared a dividend of $0.3375 per share for the third quarter, payable November 15, 2004, to shareholders of record as of October 11, 2004. This represents an annualized dividend of $1.35 per share.

Summit Properties Inc. is a real estate investment trust that focuses on the operation, development, and acquisition of luxury apartment communities. As of June 30, 2004, the Company owned or held an ownership interest in 52 communities ...

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