American Land Lease, Inc. (NYSE:ANL) today announced that its Board of
Directors declared a dividend on shares of its Preferred Stock.
The dividend on shares of its Preferred Stock is payable on February 27,
2009 to shareholders of record on February 16, 2009 and will be $0.4844
per share.
The Company’s dividends are considered quarterly and are subject to
change, suspension or elimination at any time.
About ANL
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 over 10,000 home sites
in 30 communities located in Florida, Arizona and Alabama, ANL is
committed to providing affordable, free-spirited retirement living for
active adults. For more information, visit www.americanlandlease.com.
American Land Lease, Inc.
Robert G. Blatz, President, 727-726-8868
Shannon
E. Smith, Chief Financial Officer, 727-726-8868