DENVER--(BUSINESS WIRE)-- Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of Class A Common Stock for the quarter ended June 30, 2010, payable on August 31, 2010, to stockholders of record on August 20, 2010.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the 20 largest markets in the United States. Aimco is one of the country’s largest owners and operators of both conventional and affordable apartments, with 817 communities serving approximately 500,000 residents in 43 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.