COPT Defense Increases Quarterly Dividend by 3.5%
22 Febbraio 2024 - 10:16PM
Business Wire
COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the
“Company”) announced today that its Board of Trustees declared a
regular quarterly dividend of $0.295 per common share for the first
quarter ending March 31, 2024. This represents an increase of 3.5%,
or $0.01 per share, over the most recent quarterly dividend of
$0.285. The first quarter 2024 dividend represents an annualized
amount of $1.18 per share and is payable on April 17, 2024, to
shareholders of record on March 29, 2024.
About COPT Defense
COPT Defense, an S&P MidCap 400 Company, is a self-managed
REIT focused on owning, operating and developing properties in
locations proximate to, or sometimes containing, key U.S.
Government (“USG”) defense installations and missions (referred to
as its Defense/IT Portfolio). The Company’s tenants include the USG
and their defense contractors, who are primarily engaged in
priority national security activities, and who generally require
mission-critical and high security property enhancements. As of
December 31, 2023, the Company’s Defense/IT Portfolio of 190
properties, including 24 owned through unconsolidated joint
ventures, encompassed 21.7 million square feet and was 97.2%
leased.
Forward-Looking
Information
This press release may contain “forward-looking” statements, as
defined in Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, that are based on the
Company’s current expectations, estimates and projections about
future events and financial trends affecting the Company.
Forward-looking statements can be identified by the use of words
such as “may,” “will,” “should,” “could,” “believe,” “anticipate,”
“expect,” “estimate,” “plan” or other comparable terminology.
Forward-looking statements are inherently subject to risks and
uncertainties, many of which the Company cannot predict with
accuracy and some of which the Company might not even anticipate.
Although the Company believes that the expectations, estimates and
projections reflected in such forward-looking statements are based
on reasonable assumptions at the time made, the Company can give no
assurance that these expectations, estimates and projections will
be achieved. Future events and actual results may differ materially
from those discussed in the forward-looking statements and the
Company undertakes no obligation to update or supplement any
forward-looking statements.
The areas of risk that may affect these expectations, estimates
and projections include, but are not limited to, those risks
described in Item 1A of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2022.
Source: COPT Defense Properties
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version on businesswire.com: https://www.businesswire.com/news/home/20240222844592/en/
IR Contacts Venkat Kommineni, CFA 443-285-5587
venkat.kommineni@copt.com Michelle Layne 443-285-5452
michelle.layne@copt.com
Grafico Azioni COPT Defense Properties (NYSE:CDP)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni COPT Defense Properties (NYSE:CDP)
Storico
Da Nov 2023 a Nov 2024