CapLease Declares Third Quarter Dividends
September 11 2013 - 12:35PM
Business Wire
CapLease, Inc. (NYSE:LSE) announced today that its Board of
Directors has declared a cash dividend of $0.0775 per share of
common stock and per limited partnership unit for the third quarter
of 2013.
The Company’s Board of Directors also declared a cash dividend
of $0.4231771 per share of 8.125% Series A Cumulative Redeemable
Preferred Stock (NYSE: LSEPrA), a cash dividend of $0.4361979 per
share of 8.375% Series B Cumulative Redeemable Preferred Stock
(NYSE: LSEPrB), and a cash dividend of $0.3776042 per share of
7.25% Series C Cumulative Redeemable Preferred Stock (NYSE:
LSEPrC), all for the third quarter of 2013. The preferred dividends
represent amounts accrued on such stock through September 30, 2013.
In the event the Company’s previously announced merger with
American Realty Capital Properties, Inc. closes after September 30,
2013, the Company intends to pay a subsequent dividend on the
preferred stock representing accrued but unpaid dividends on such
stock up to the closing date of the merger.
Both the common and the preferred dividends are payable on
October 15, 2013 to stockholders of record as of September 23,
2013.
About the Company:
CapLease, Inc. is a real estate investment trust, or REIT, that
primarily owns and manages a diversified portfolio of single tenant
commercial real estate properties subject to long-term leases to
high credit quality tenants.
Investor Relations:ICRBrad Cohen,
212-217-6393bcohen@icrinc.com
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