American Land Lease, Inc. Declares Dividend on
Series A Preferred Stock
August 12, 2010 07:03 AM Eastern Daylight Time
CLEARWATER, Fla.--(EON: Enhanced Online News)--American Land Lease, Inc. (the “Company”) announced
today that the Company’s Board of Directors declared a quarterly cash dividend on its 7.75% Series A Preferred
Dividends on shares of Series A Preferred Stock are payable on August 31, 2010 to shareholders of record as of
the close of business on August 20, 2010 and will be $0.4844 per share.
The dividends on the Company’s Series A Preferred Shares are considered quarterly and are subject to suspension
at any time. After the payment of the quarterly dividend on August 31, 2010, accumulated and unpaid dividends on
the Series A Preferred Stock will total approximately $2.42 per share. Unpaid dividends on the Series A Preferred
Shares accumulate until paid.
About American Land Lease, Inc.
American Land Lease, Inc. is a Clearwater, Florida-based real estate investment trust that owns, develops and
manages residential land-lease communities primarily serving active adults. With approximately 8,600 home sites in
24 communities located in Florida and Arizona, American Land Lease, Inc. is committed to providing affordable,
free-spirited retirement living for active adults. For more information, visit www.AmericanLandLease.com.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that reflect management’s current views with respect to future events and financial performance.
The words “believes”, “expects”, “anticipates”, “estimates” and similar words or expressions are generally intended
to identify forward-looking statements. Actual results may differ materially from those expected because of various
risks and uncertainties, including, but not limited to, changes in general economic conditions, adverse changes in real
estate markets as well as other risks and uncertainties.