BETHESDA, Md., Dec. 5, 2013 /PRNewswire/ -- Saul Centers,
Inc. (NYSE: BFS) has declared a quarterly dividend of $0.36 per share on its common stock, to be paid
January 31, 2014 to holders of record
on January 17, 2014. 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 6.875%
Series C Cumulative Redeemable Preferred Stock in the amount of
$0.4296875 per depositary
share. Both preferred dividends will be paid January 15, 2014 to holders of record on
January 7, 2014.
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 59 operating community and
neighborhood shopping center and mixed-use properties totaling
approximately 9.3 million square feet of leasable area.
Approximately 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.