BETHESDA, Md., June 18, 2015 /PRNewswire/ -- Saul Centers,
Inc. (NYSE: BFS) has declared a quarterly dividend of $0.43 per share on its common stock, to be paid
July 31, 2015 to holders of record on
July 17, 2015. The common
dividend is unchanged from the amount paid in the previous quarter,
but represents a $0.03 per share
increase (7.5%) over the amount paid in 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 July 15, 2015 to holders of record on
July 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.