Government Properties Income Trust Announces Quarterly Dividend on Common Shares
January 19 2018 - 4:05PM
Business Wire
Government Properties Income Trust (Nasdaq: GOV) today announced
a regular quarterly cash distribution on its common shares of $0.43
per common share ($1.72 per share per year). This distribution will
be paid to GOV’s common shareholders of record as of the close of
business on January 29, 2018 and distributed on or about February
26, 2018.
Government Properties Income Trust is a real estate investment
trust, or REIT, which primarily owns properties located throughout
the United States that are majority leased to the U.S. Government
and other government tenants and office properties in the
metropolitan Washington, D.C. market area that are leased to
government and private sector tenants. GOV is managed by the
operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an
alternative asset management company that is headquartered in
Newton, MA.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE
BASED UPON GOV’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
STATEMENTS AND THE IMPLICATIONS OF THESE STATEMENTS ARE NOT
GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS, SOME OF
WHICH ARE BEYOND GOV’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE
STATES THAT GOV’S DIVIDEND RATE WILL BE $0.43/SHARE PER QUARTER OR
$1.72/SHARE PER YEAR. A POSSIBLE IMPLICATION OF THIS STATEMENT IS
THAT GOV WILL CONTINUOUSLY PAY QUARTERLY DIVIDENDS OF $0.43/SHARE
PER QUARTER OR $1.72/SHARE PER YEAR IN THE FUTURE. GOV’S DIVIDEND
RATES ARE SET AND RESET FROM TIME TO TIME BY GOV’S BOARD OF
TRUSTEES. THE GOV BOARD CONSIDERS MANY FACTORS WHEN SETTING
DIVIDEND RATES INCLUDING GOV’S HISTORICAL AND PROJECTED INCOME,
NORMALIZED FUNDS FROM OPERATIONS, THE THEN CURRENT AND EXPECTED
NEEDS AND AVAILABILITY OF CASH TO PAY GOV’S OBLIGATIONS,
DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE PAID TO MAINTAIN GOV’S
TAX STATUS AS A REAL ESTATE INVESTMENT TRUST AND OTHER FACTORS
DEEMED RELEVANT BY GOV’S BOARD OF TRUSTEES IN THEIR DISCRETION.
ACCORDINGLY, FUTURE DIVIDEND RATES MAY BE INCREASED OR DECREASED
AND THERE IS NO ASSURANCE AS TO THE RATE AT WHICH FUTURE DIVIDENDS
WILL BE PAID. FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE
CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the Nasdaq.No
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
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version on businesswire.com: http://www.businesswire.com/news/home/20180119005636/en/
Government Properties Income TrustChristopher Ranjitkar,
617-796-8149Director, Investor Relationswww.govreit.com
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