Select Income REIT (SIR) Raises Quarterly Dividend 2% to $0.51; 7.5% Yield

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Select Income REIT Raises Quarterly Dividend on Common Shares

July 12, 2016 4:30 PM EDT

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced it has raised its regular quarterly cash distribution on its common shares by $0.01 to $0.51 per common share ($2.04 per share per year). This distribution will be paid to holders of record of common shares as of the close of business on July 22, 2016, and will be distributed on or about August 18, 2016.

Select Income REIT is a real estate investment trust, or REIT, which owns properties that are primarily net leased to single tenants. SIR is managed by the operating subsidiary of The RMR... More