Gramercy Property Trust (GPT) Raises Quarterly Dividend 13.6% to $0.125; 5.5% Yield
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Gramercy Property Trust Announces 13.6% Increase to Fourth Quarter 2016 Common Dividend
November 2, 2016 6:25 AM EDTNEW YORK--(BUSINESS WIRE)-- Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that its Board of Trustees declared a fourth quarter 2016 dividend on the Companys common shares in the amount of $0.125 per share - a 13.6% increase over the prior quarter - payable on January 13, 2017, to common shareholders of record as of the close of business on December 30, 2016.
Gordon F. DuGan, Chief Executive Officer, stated, 2016 has been a highly successful and transformative year for Gramercy with nearly $1.4 billion in assets sold and more than $800 million in assets... More
