Government Properties Income Trust Announces Quarterly Dividend on Common Shares
July 12 2017 - 8:00AM
Business Wire
Government Properties Income Trust (Nasdaq: GOV) today announced
a regular quarterly cash distribution on its common shares of $0.43
per common share ($1.72 per share per year). This distribution will
be paid to GOV’s common shareholders of record as of the close of
business on July 24, 2017 and distributed on or about August 21,
2017.
Government Properties Income Trust is a real estate investment
trust, or REIT, which owns properties leased primarily to the U.S.
Government and state governments located throughout the United
States. GOV is managed by the operating subsidiary of The RMR Group
Inc. (Nasdaq: RMR), an alternative asset management company that is
headquartered in Newton, MA.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE
BASED UPON GOV’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
STATEMENTS AND THE IMPLICATIONS OF THESE STATEMENTS ARE NOT
GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS, SOME OF
WHICH ARE BEYOND GOV’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE
STATES THAT GOV’S DIVIDEND RATE WILL BE $0.43/SHARE PER QUARTER OR
$1.72/SHARE PER YEAR. A POSSIBLE IMPLICATION OF THIS STATEMENT IS
THAT GOV WILL CONTINUOUSLY PAY QUARTERLY DIVIDENDS OF $0.43/SHARE
PER QUARTER OR $1.72/SHARE PER YEAR IN THE FUTURE. GOV’S DIVIDEND
RATES ARE SET AND RESET FROM TIME TO TIME BY GOV’S BOARD OF
TRUSTEES. THE GOV BOARD CONSIDERS MANY FACTORS WHEN SETTING
DIVIDEND RATES INCLUDING GOV’S HISTORICAL AND PROJECTED INCOME,
NORMALIZED FUNDS FROM OPERATIONS, THE THEN CURRENT AND EXPECTED
NEEDS AND AVAILABILITY OF CASH TO PAY GOV’S OBLIGATIONS,
DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE PAID TO MAINTAIN GOV’S
TAX STATUS AS A REAL ESTATE INVESTMENT TRUST, GOV’S RECEIPT OF
DISTRIBUTIONS FROM ITS INVESTMENT IN SELECT INCOME REIT AND OTHER
FACTORS DEEMED RELEVANT BY GOV’S BOARD OF TRUSTEES IN ITS
DISCRETION. ACCORDINGLY, FUTURE DIVIDEND RATES MAY BE INCREASED OR
DECREASED AND THERE IS NO ASSURANCE AS TO THE RATE AT WHICH FUTURE
DIVIDENDS WILL BE PAID. FOR THESE REASONS, AMONG OTHERS, INVESTORS
ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the Nasdaq.No
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
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version on businesswire.com: http://www.businesswire.com/news/home/20170712005188/en/
Government Properties Income TrustChristopher Ranjitkar,
617-796-8149Director, Investor Relationswww.govreit.com
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