COPT Defense Properties (CDP) Raises Quarterly Dividend 3.5% to $0.295; 4.9% Yield

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Go back to COPT Defense Properties (CDP) Raises Quarterly Dividend 3.5% to $0.295; 4.9% Yield

COPT Defense Increases Quarterly Dividend by 3.5%

February 22, 2024 4:16 PM EST

COLUMBIA, Md.--(BUSINESS WIRE)-- COPT Defense Properties (NYSE: CDP) (COPT Defense or the Company) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285. The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on March 29, 2024.

About COPT Defense

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT... More