BETHESDA, Md., Sept. 20, 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 October 31, 2018 to holders of
record on October 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
October 15, 2018 to holders of record
on October 1, 2018.
Saul Centers, Inc. 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.