VANCOUVER, Dec. 15, 2017 /PRNewswire/ -- City Office REIT,
Inc. (NYSE: CIO) (the "Company" or "City Office") announced today
that its Board of Directors authorized a quarterly dividend of
$0.235 per share of common stock and
common unit of partnership interest for the fourth quarter of
2017.
Additionally, the Board of Directors authorized a regular
quarterly dividend of $0.4140625 per
share of the Company's 6.625% Series A Cumulative Redeemable
Preferred Stock.
The dividends will be payable on January
25, 2018 to all stockholders and operating partnership
unitholders of record as of the close of business on January 11, 2018.
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company
focused on acquiring, owning and operating high-quality office
properties located in leading markets in the Southern and
Western United States. City Office
currently owns or has a controlling interest in 5.2 million square
feet of office properties. Additional information about City Office
is available on the Company's website at www.cityofficereit.com.
The Company has elected to be taxed as a real estate investment
trust for U.S. federal income tax purposes.
Forward-looking Statements
This press release contains "forward looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. All statements that are not statements of
historical facts are, or may be deemed to be, forward looking
statements. Forward looking statements reflect the Company's
current expectations concerning future results, objectives, plans
and goals, and involve known and unknown risks, uncertainties and
other factors that are difficult to predict and which may cause
future results, performance or achievements to differ. These risks,
uncertainties and other factors include factors described in the
Company's news releases and filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form
10-K for the year ended December 31,
2016, which has been filed with the Securities and Exchange
Commission. Readers of this press release are cautioned to
consider these risks and uncertainties and not to place undue
reliance on any forward-looking statements. The Company does
not undertake any obligation to publicly update any forward-looking
statement, whether written or oral, relating to matters discussed
in this press release, except as may be required by applicable
securities laws.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
View original
content:http://www.prnewswire.com/news-releases/city-office-reit-announces-dividends-for-fourth-quarter-2017-300572225.html
SOURCE City Office REIT, Inc.