Washington REIT (WRE) Declares $0.3 Quarterly Dividend; 3.7% Yield

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Go back to Washington REIT (WRE) Declares $0.3 Quarterly Dividend; 3.7% Yield

Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results and Quarterly Dividend

April 26, 2017 4:16 PM EDT

WASHINGTON, April 26, 2017 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (Washington REIT or the Company) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2017:

First Quarter 2017 Highlights

Net income attributable to controlling interests was $6.6 million, or $0.09 per diluted share, compared to $2.4 million, or $0.03 per diluted share, in first quarter 2016. NAREIT Funds from Operations (FFO) was $32.7 million, or $0.43 per diluted share, compared to $28.4 million, or $0.41 per diluted share, in first... More