City Office REIT (CIO) Declares $0.235 Quarterly Dividend; 7.4% Yield

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Go back to City Office REIT (CIO) Declares $0.235 Quarterly Dividend; 7.4% Yield

City Office REIT Announces Dividend for Fourth Quarter 2016

December 21, 2016 5:55 PM EST

VANCOUVER, Dec. 21, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office") announced today that its Board of Directors authorized a quarterly dividend of $0.235 per share of common stock and common unit of partnership interest for the fourth quarter of 2016. 

Additionally, the Board of Directors authorized an initial dividend of $0.50608 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock, covering the period from, but excluding, October 4, 2016 to, but excluding, January 25, 2017.

The dividends will be payable on January 25, 2017 to all stockholders and operating partnership... More