Thomas Properties Group Announces Second Quarter 2013 Cash Dividend
May 03 2013 - 11:50AM
Business Wire
Thomas Properties Group, Inc. (NASDAQ: TPGI), today announced
that its board of directors has declared a quarterly cash dividend
of $0.02 per share of common stock, payable on June 7, 2013 to
stockholders of record at the close of business on May 21,
2013.
About Thomas Properties Group
Thomas Properties Group, Inc., based in Los Angeles, is a
full-service real estate company that owns, acquires, develops and
manages primarily office, as well as mixed-use and residential
properties on a nationwide basis. The company's primary areas of
focus are the acquisition and ownership of premier properties, both
on a consolidated basis and through its strategic joint ventures,
property development and redevelopment, and property management and
leasing activities. For more information about Thomas Properties
Group, Inc., please visit www.tpgre.com.
Forward Looking Statements
Statements made in this press release that are not historical
may contain forward-looking statements. Although TPGI believes the
expectations reflected in any forward-looking statements are based
on reasonable assumptions, these statements are subject to numerous
risks and uncertainties. Factors that could cause actual results to
differ materially from TPGI’s expectations include actual and
perceived trends in various national and economic conditions that
affect global and regional markets for commercial real estate
services (including interest rates), the availability of credit and
equity investors to finance commercial real estate transactions,
our ability to enter into or renew leases at favorable rates, which
can be impacted by the financial condition of our tenants, risks
associated with the success of our development and property
redevelopment projects, general volatility in the securities and
credit markets, and the impact of tax laws affecting real estate.
For a discussion of some of the factors that may cause our results
to differ from management’s expectations, see the information under
the captions “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in our
Form 10-K for the year ended December 31, 2012, which is filed with
the Securities and Exchange Commission. TPGI disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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