Washington Real Estate Investment Trust Announces 202nd Consecutive Quarterly Dividend
April 25 2012 - 4:10PM
Business Wire
WRIT’s Board of Trustees announced today a quarterly dividend of
$.43375 per share to be paid on June 29, 2012 to shareholders of
record on June 15, 2012.
This is WRIT’s 202nd consecutive quarterly dividend at equal or
increasing rates. WRIT dividends have remained equal or increased
for 50 consecutive years.
WRIT is a self-administered, self-managed, equity real estate
investment trust investing in income-producing properties in the
greater Washington metro region. WRIT owns a diversified portfolio
of 71 properties totaling approximately 9 million square feet of
commercial space and 2,540 residential units, and land held for
development. These 71 properties consist of 26 office properties,
18 medical office properties, 16 retail centers and 11 multifamily
properties. WRIT shares are publicly traded on the New York Stock
Exchange (NYSE: WRE).
Certain statements in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements involve known and unknown
risks, uncertainties, and other factors that may cause actual
results to differ materially. Such risks, uncertainties and other
factors include, but are not limited to, the effect of the current
credit and financial market conditions, the availability and cost
of capital, fluctuations in interest rates, tenants’ financial
condition, the timing and pricing of lease transactions, levels of
competition, the effect of government regulation, the impact of
newly adopted accounting principles, changes in general and local
economic and real estate market conditions, and other risks and
uncertainties detailed from time to time in our filings with the
SEC, including our 2011 Form 10-K. We assume no obligation to
update or supplement forward-looking statements that become untrue
because of subsequent events.
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