0000906345-16-000073.txt : 20160913 0000906345-16-000073.hdr.sgml : 20160913 20160913101441 ACCESSION NUMBER: 0000906345-16-000073 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160913 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160913 DATE AS OF CHANGE: 20160913 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAMDEN PROPERTY TRUST CENTRAL INDEX KEY: 0000906345 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 766088377 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12110 FILM NUMBER: 161882141 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 2400 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7133542500 MAIL ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 2400 CITY: HOUSTON STATE: TX ZIP: 77046 8-K 1 cpt8-k2016specialdividends.htm 8-K Document




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): September 12, 2016
CAMDEN PROPERTY TRUST
(Exact name of Registrant as Specified in Charter)
Texas
1-12110
76-6088377
(State or Other Jurisdiction of
Incorporation)
(Commission File Number)

(I.R.S. Employer
Identification Number)
11 Greenway Plaza, Suite 2400, Houston, Texas 77046
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (713) 354-2500
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))








Item 8.01.    Other Events.

On September 12, 2016, Camden Property Trust announced its Board of Trust Managers declared a special cash dividend on its Common Shares of Beneficial Interest of $4.25 per share, payable on September 30, 2016 to shareholders of record as of the close of business on September 23, 2016.

Item 9.01.    Financial Statements and Exhibits.

(c)    Exhibits.

Exhibit
Number    Title

99.1
Press Release dated September 12, 2016






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 13, 2016
CAMDEN PROPERTY TRUST



By:    /s/ Michael P. Gallagher    
Michael P. Gallagher
Senior Vice President - Chief Accounting Officer







EXHIBIT INDEX

Exhibit
Number    Title

99.1
Press Release dated September 12, 2016



EX-99.1 2 ex991cptspecialdividendpre.htm EXHIBIT 99.1 Exhibit


EXHIBIT 99.1
cptlogo.gif



CAMDEN PROPERTY TRUST DECLARES SPECIAL DIVIDEND
AND REGULAR DIVIDEND FOR THIRD QUARTER 2016


Houston, Texas (September 12, 2016) - Camden Property Trust (NYSE:CPT) announced today that its Board of Trust Managers has declared a special cash dividend of $4.25 per share to holders of record as of September 23, 2016 of its Common Shares of Beneficial Interest. The special dividend is to be paid on September 30, 2016. The Company estimates the special dividend will consist primarily of gains on dispositions of properties.

In addition, the Board of Trust Managers of Camden Property Trust also declared a regular quarterly cash dividend of $0.75 per share to holders of record as of September 30, 2016 of its Common Shares of Beneficial Interest. The regular dividend is to be paid on October 17, 2016.

The Company also announced the completion of nearly $1.1 billion of dispositions to date in 2016, and another sale for approximately $80 million is expected to occur by the end of the third quarter.

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict. Factors which may cause the Company’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading “Risk Factors” in Camden’s Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in today’s press release represent management’s current opinions, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 151 properties containing 52,771 apartment homes across the United States. Upon completion of 7 properties under development, the Company’s portfolio will increase to 55,248 apartment homes in 158 properties. Camden was recently named by FORTUNE® Magazine for the ninth consecutive year as one of the “100 Best Companies to Work For” in America, ranking #9.


For additional information, please contact Camden’s Investor Relations Department at
(713) 354-2787 or access our website at camdenliving.com.




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