BETHESDA, Md., March 5, 2015 /PRNewswire/ -- Saul Centers,
Inc. (NYSE: BFS) has declared a quarterly dividend of $0.43 per share on its common stock, to be paid
April 30, 2015 to holders of record
on April 16, 2015. The common
dividend represents a $0.03 per share
increase (7.5%) over the amount paid in the previous quarter and
the prior year's comparable quarter.
The Company also declared the quarterly dividend for its 6.875%
Series C Cumulative Redeemable Preferred Stock in the amount of
$0.4296875 per depositary
share. The preferred dividend will be paid April 15, 2015 to holders of record on
April 6, 2015.
Saul Centers is a self-managed,
self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a
real estate portfolio comprised of 59 properties which includes (a)
56 community and neighborhood shopping centers and mixed-use
properties with approximately 9.3 million square feet of leasable
area and (b) 3 land and development properties. Approximately
85% of the Company's property operating income 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.
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SOURCE Saul Centers, Inc.