MEMPHIS, Tenn., Oct. 9, 2007 (PRIME NEWSWIRE) -- Education Realty Trust, Inc. (NYSE:EDR), a leader in the ownership, management and development of student housing, today announced that its board of directors has approved a quarterly cash dividend of $0.205 per share of common stock for the quarter ended September 30, 2007. The dividend will be payable November 6, 2007, to shareholders of record as of the close of business on October 23, 2007.
About Education Realty Trust
Education Realty Trust, Inc. (NYSE:EDR) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the United States. Led by a team with over 200 years of shared industry experience, EDR is one of America's largest owners and operators of collegiate student housing. Its portfolio includes 66 communities in 21 states with 39,860 owned and managed beds. For more information please visit the company's website at www.educationrealty.com.