BETHESDA, Md., Sept. 23 /PRNewswire-FirstCall/ --
Saul Centers, Inc. (NYSE: BFS) has
declared a quarterly dividend of $0.36 per share on its common stock, to be paid
October 29, 2010 to holders of record
on October 15, 2010. The amount
of the quarterly common dividend payable is unchanged from the
amount paid in the previous quarter and the prior year's comparable
quarter.
The Company also declared the quarterly dividends for its 8%
Series A Cumulative Redeemable Preferred Stock in the amount of
$0.50 per depositary share and 9%
Series B Cumulative Redeemable Preferred Stock in the amount of
$0.5625 per depositary share.
Both preferred dividends will be paid October 15, 2010 to holders of record on
October 8, 2010.
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 52 operating community and
neighborhood shopping center and office properties totaling
approximately 8.4 million square feet of leasable area.
Approximately 82% 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
www.saulcenters.com.
SOURCE Saul Centers, Inc.
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