Brandywine Realty Trust (BDN) Raises Quarterly Dividend 6.7% to $0.16; 4.2% Yield
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Brandywine Realty Trust Increases Common Quarterly Dividend by 6.7% and Confirms Second Quarter 2016 Earnings Release and Conference Call
May 24, 2016 3:15 PM EDTRADNOR, Pa., May 24, 2016 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.16 per common share and OP Unit payable on July 20, 2016 to holders of record on July 6, 2016. The quarterly dividend is equivalent to an annual rate of $0.64 per share representing a 6.7% increase from the previous annual dividend rate of $0.60 per share. The Board of Trustees also declared a quarterly dividend of $0.43125 for each 6.90% Series E Cumulative Redeemable Preferred Share, payable on July 15, 2016 to holders of record on June 30,... More
