Saul Centers Declares Quarterly Dividends
March 10 2006 - 2:34PM
PR Newswire (US)
BETHESDA, Md., March 10 /PRNewswire-FirstCall/ -- Saul Centers,
Inc. (NYSE:BFS) has declared a quarterly dividend of $0.42 per
share on its common stock, to be paid April 28, 2006 to holders of
record on April 13, 2006. The dividend represents a $0.03 per share
increase (7.7%) over the amount paid in the prior year's comparable
quarter. The Company also declared the quarterly dividend for its
8% Series A Cumulative Redeemable Preferred Stock in the amount of
$0.50 per depositary share. The dividend will be paid April 13,
2006 to holders of record on April 3, 2006. Saul Centers is a
self-managed, self-administered equity real estate investment trust
headquartered in Bethesda, Maryland. Saul Centers currently
operates and manages a real estate portfolio of 45 community and
neighborhood shopping center and office properties totaling
approximately 7.6 million square feet of leasable area. Over 80% of
the Company's cash flow is generated from properties in the
metropolitan Washington, DC/Baltimore area. More information about
Saul Centers is available on the Company's website at
http://www.saulcenters.com/. DATASOURCE: Saul Centers, Inc.
CONTACT: Scott V. Schneider of Saul Centers, Inc., +1-301-986-6220
Web site: http://www.saulcenters.com/
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