BETHESDA, Md., June 21, 2018 /PRNewswire/ -- Saul Centers,
Inc. (NYSE: BFS) has declared a quarterly dividend of $0.52 per share on its common stock, to be paid
on July 31, 2018 to holders of record
on July 17, 2018. The common
dividend is consistent with the amount paid in the previous
quarter, and represents a $0.01
(1.96%) increase over 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
July 16, 2018 to holders of record on
July 5, 2018.
Saul Centers is a self-managed,
self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates
and manages a real estate portfolio of 58 properties that includes
(a) 55 community and neighborhood shopping centers and mixed-use
properties with approximately 9.2 million square feet of leasable
area and (b) three 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.