Terreno Realty (TRNO) Declares $0.16 Quarterly Dividend; Approves 2M Common Stock Buyback

Terreno Realty (NYSE: TRNO) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on October 21, 2015, to stockholders of record on October 7, 2015, with an ex-dividend date of October 5, 2015.

The annual yield on the dividend is 3 percent.

The Board of Directors approved a share repurchase program authorizing Terreno Realty Corporation to repurchase up to 2,000,000 shares of its outstanding common stock from time to time through December 31, 2016. Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by Terreno Realty Corporation in its discretion and will be subject to economic and market conditions, real estate values, stock price, applicable legal requirements and other factors. The program may be suspended or discontinued at any time.

For a dividend history and other dividend-related data on Terreno Realty (TRNO) click here.

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