Washington REIT (WRE) Declares $0.30 Quarterly Dividend; 3.7% Yield

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Go back to Washington REIT (WRE) Declares $0.30 Quarterly Dividend; 3.7% Yield

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

October 26, 2017 4:17 PM EDT

WASHINGTON, Oct. 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 September 30, 2017:

Third Quarter 2017 Highlights

Net income attributable to controlling interests was $2.8 million, or $0.04 per diluted share, compared to $79.7 million, or $1.07 per diluted share in the third quarter of 2016, which included the recognition of a $77.6 million gain on the second suburban Maryland office portfolio sale... More