Retail Opportunity Investments Corp. (ROIC) Reports Q1 FFO of 26c, Posts FY11 Guidance and Declares $0.09 Dividend
Retail Opportunity Investments Corp. (NASDAQ: ROIC) reported Q1 FFO of $0.26, which may not compare to the analyst estimate of $0.03.
The company reported net income attributable to common stockholders for the quarter was $6.2 million, or $0.15 per diluted share.
Retail Opportunity Investments Corp. sees FY2011 FFO of $0.60-$0.70.
ROIC's Board of Directors has declared a cash dividend on its common stock of $0.09 per share, to record holders on May 31, 2011 and payable on June 15, 2011. The ex-dividend date is May 27 and the yield is 3.3%. The $0.09 per share dividend represents a 12.5% increase over ROIC's most recent cash dividend, paid on March 31, 2011.
The company reported net income attributable to common stockholders for the quarter was $6.2 million, or $0.15 per diluted share.
Retail Opportunity Investments Corp. sees FY2011 FFO of $0.60-$0.70.
ROIC's Board of Directors has declared a cash dividend on its common stock of $0.09 per share, to record holders on May 31, 2011 and payable on June 15, 2011. The ex-dividend date is May 27 and the yield is 3.3%. The $0.09 per share dividend represents a 12.5% increase over ROIC's most recent cash dividend, paid on March 31, 2011.