SANTA MONICA, Calif.,
Sept. 7, 2017 /PRNewswire/ --
Douglas Emmett, Inc. (NYSE: DEI), a
real estate investment trust (REIT), announced today that its Board
of Directors has declared a quarterly cash dividend on each share
of its common stock of $0.23, or
$0.92 on an annualized basis.
The dividend will be paid on October 13,
2017 to shareholders of record as of September 29, 2017.
About Douglas Emmett,
Inc.
Douglas Emmett, Inc.
(DEI) is a fully integrated, self-administered and self-managed
real estate investment trust (REIT), and one of the largest owners
and operators of high-quality office and multifamily properties
located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a
substantial share of top-tier office properties and premier
multifamily communities in neighborhoods that possess significant
supply constraints, high-end executive housing and key lifestyle
amenities. For more information about Douglas Emmett, please visit our website
at www.douglasemmett.com.
Safe Harbor Statement
Except for the
historical facts, the statements in this press release regarding
Douglas Emmett's business activities
are forward-looking statements based on the beliefs of, assumptions
made by, and information currently available to us about known and
unknown risks, trends, uncertainties and factors that are beyond
our control or ability to predict. Although we believe that our
assumptions are reasonable, they are not guarantees of future
performance and some will inevitably prove to be incorrect.
As a result, our actual future results can be expected to differ
from our expectations, and those differences may be material.
Accordingly, investors should use caution in relying on
forward-looking statements to anticipate future results or
trends. For a discussion of some of the risks and
uncertainties that could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in
our Annual Report on Form 10-K filed with the U.S. Securities and
Exchange Commission.
Stuart
McElhinney, Vice President – Investor
Relations
|
310.255.7751
|
smcelhinney@douglasemmett.com
|
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SOURCE Douglas Emmett, Inc.