Education Realty Trust (EDR) Raises Quarterly Dividend 2.7% to $0.38; 3.3% Yield

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Go back to Education Realty Trust (EDR) Raises Quarterly Dividend 2.7% to $0.38; 3.3% Yield

EdR Announces 3% Increase in Quarterly Dividend to $0.38 Per Share

July 15, 2016 5:45 AM EDT

MEMPHIS, Tenn., July 15, 2016 /PRNewswire/ -- EdR (NYSE: EDR), a leader in the ownership, development and management of collegiate housing, announced today that its Board of Directors has approved a quarterly cash dividend of $0.38 per share of common stock. This is the sixth consecutive year EdR has increased its dividend.

The dividend will be payable August 15, 2016 to shareholders of record as of July 29, 2016.

About EdREdR (NYSE: EDR) is one of America's largest owners, developers and managers of collegiate housing.... More