Terreno Realty (TRNO) Raises Quarterly Dividend 11.1% to $0.20; 3% Yield

Go back to Terreno Realty (TRNO) Raises Quarterly Dividend 11.1% to $0.20; 3% Yield

Terreno Realty Corporation Increases Quarterly Dividend and Files Second Quarter 2016 Financial Statements

July 27, 2016 9:15 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- The Board of Directors of Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending September 30, 2016 of $0.20 per common share; an increase of 11.1% over the prior dividend level. The dividend will be payable on October 21, 2016 to common stockholders of record at the close of business on October 7, 2016.

The Board of Directors declared a dividend of $0.484375 per preferred share on Terreno Realty Corporations 7.75% Series A Cumulative Redeemable preferred stock.... More