Whitestone REIT (WSR) Raises Monthly Dividend 11.6% to $0.04; 4% Yield
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Whitestone REIT Increases Annual Cash Dividend by 11.6%
February 22, 2022 4:05 PM ESTHOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company) today announced that its Board of Trustees has declared a monthly cash dividend on the Company's common shares, increasing the monthly dividend rate to $0.04 per share, up from $0.035833 per share. The dividend increase represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share, up 11.6% from the previous annualized level of $0.43 per share.
At Whitestone, we are successfully executing on our growth strategy and improving the Companys financial and operational performance to deliver even greater returns for... More
