TIER REIT (TIER) Declares $0.18 Quarterly Dividend; 5.2% Yield

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TIER REIT Announces a Third Quarter Distribution

September 3, 2015 5:00 PM EDT

DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust, announced that its board of directors has declared a cash distribution of $0.18 per share of common stock for the third quarter of 2015. The distribution will be paid on October 8, 2015 to stockholders of record on September 30, 2015.

Distributions are authorized at the discretion of the companys board of directors based on its analysis of numerous factors, including but not limited to the companys forthcoming cash needs and financial condition, and there is no assurance that distributions will continue or at any... More