Washington REIT (WRE) Declares $0.30 Quarterly Dividend; 4.1% Yield

Washington REIT (NYSE: WRE) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.

The dividend will be payable on January 4, 2019, to stockholders of record on December 20, 2018, with an ex-dividend date of December 19, 2018.

The annual yield on the dividend is 4.1 percent.

"We delivered a stable third quarter with solid same-store NOI growth across all three asset classes and continued balance sheet strength," said Paul T. McDermott, President and Chief Executive Officer. "In 2019, we expect our well-positioned re-leasing opportunities to capitalize on the demand created by increased Federal spending, which is now more certain to continue next year as the majority of annual discretionary funding for 2019 was approved prior to the end of the government's fiscal year 2018, an achievement our region hasn't experienced in over a decade."

For a dividend history and other dividend-related data on Washington REIT (WRE) click here.

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