BETHESDA, Md., June 27, 2019 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a
quarterly dividend of $0.53 per share
on its common stock, to be paid on July 31,
2019, to holders of record on July 17, 2019. The common
dividend is the same as the amount paid in the previous quarter,
and represents a $0.01 per share
(1.92%) increase over the amount paid in the prior year's
comparable quarter.
The Company also declared quarterly dividends on (a) its 6.875%
Series C Cumulative Redeemable Preferred Stock in the amount of
$0.4296875 per depositary share and
(b) its 6.125% Series D Cumulative Redeemable Preferred Stock, in
the amount of $0.3828125 per
depositary share. The preferred dividends will be paid on
July 15, 2019, to holders of record
on July 5, 2019.
Saul Centers is a self-managed,
self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates
and manages a real estate portfolio of 60 properties which includes
(a) 49 community and neighborhood shopping centers and seven
mixed-use properties with approximately 9.3 million square feet of
leasable area and (b) four land and development properties. Over
85% of the Saul Centers' property operating income is generated by
properties in the metropolitan Washington, DC/Baltimore area.
More information about Saul
Centers is available on the Company's website at
www.saulcenters.com.
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SOURCE Saul Centers, Inc.