BETHESDA, Md., Dec. 6, 2018 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a
quarterly dividend of $0.53 per share
on its common stock, to be paid on January
31, 2019, to holders of record on January 17, 2019. The common
dividend represents a $0.01 per
share (1.92%) increase over the amount paid in the previous quarter
and the amount paid in the prior year's comparable
quarter.
The Company also declared quarterly dividends on (a) its 6.875%
Series C Cumulative Redeemable Preferred Stock in the amount of
$0.4296875 per depositary share and
(b) its 6.125% Series D Cumulative Redeemable Preferred Stock, in
the amount of $0.3828125 per
depositary share. The preferred dividends will be paid on
January 15, 2019, to holders of
record on January 2, 2019.
Saul Centers is a self-managed,
self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates
and manages a real estate portfolio of 60 properties which includes
(a) 49 community and neighborhood shopping centers and seven
mixed-use properties with approximately 9.3 million square feet of
leasable area and (b) four land and development properties.
Over 85% of the Saul Centers' property operating income is
generated by 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.