Camden Property Trust (CPT) will hike its quarterly dividend by 6.1 percent to $0.70 per share in 2015. Last year the residential REIT hiked its quarterly dividend by 4.8 percent.
Camden Property Trust is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. The company's properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with a range of amenities common to multifamily rental properties.