BETHESDA, Md., March 8, 2012 /PRNewswire/ -- Saul Centers,
Inc. (NYSE: BFS) has declared a quarterly dividend of $0.36 per share on its common stock, to be paid
April 30, 2012 to holders of record
on April 16, 2012. 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 April
13, 2012 to holders of record on April 2, 2012.
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 58 operating community and
neighborhood shopping center and office/mixed-use properties
totaling approximately 9.5 million square feet of leasable area.
Over 85% 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.