BFS Saul Centers Inc

Saul Centers Declares Quarterly Dividends BETHESDA, Md., March 4 /PRNewswire-FirstCall/ -- Saul Centers, Inc. has declared a quarterly dividend of $0.39 per share on its common stock, to be paid April 30, 2004 to holders of record on April 16, 2004. The Company also declared the quarterly dividend for its 8% Series A Cumulative Redeemable Preferred Stock in the amount of $0.50 per depositary share. The dividend will be paid April 15, 2004 to holders of record on April 2, 2004. 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 38 community and neighborhood shopping center and office properties totaling approximately 6.8 million square feet of leasable area. Over 80% of the Company's cash flow is generated from properties in the metropolitan Washington, DC/Baltimore area. More information about Saul Centers is available at it website at http://www.saulcenters.com/. DATASOURCE: Saul Centers, Inc. CONTACT: Scott V. Schneider of Saul Centers, Inc., +1-301-986-6220 Web site: http://www.saulcenters.com/

Copyright