CapLease (LSE) Approves $0.05 Per Share Quarterly Dividend

June 16, 2009 5:01 PM EDT

CapLease, Inc. (NYSE: LSE) has declared a cash dividend of $0.05 per share of common stock and per limited partnership unit for the second quarter of 2009.

Current annual dividend yield is 6.70%.

The Company's Board of Directors also declared a cash dividend of $0.5078125 per share of 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE: LSEPrA) for the second quarter of 2009.

Both the common and the preferred dividends are payable on July 15, 2009 to stockholders of record as of June 30, 2009. [SM]


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