BioMed Realty Keeps Dividend Steady

Before you go, we thought you'd like these...
Before you go close icon

Life sciences real estate operator BioMed Realty Trustannounced yesterday its second-quarter dividend of $0.235 per share, the same rate it's paid for the past two quarters after raising the payout 9% from $0.215 per share.

The board of directors said the quarterly dividend is payable on July 15 to the holders of record at the close of business on June 28. The real estate provider has made quarterly payouts to investors since 2004. The regular dividend payment equates to a $0.94-per-share annual dividend, yielding 4.6% based on the closing price of BioMed Realty Trust's stock on June 17.

BMR Dividend Chart


BMR Dividend data by YCharts.

link

The article BioMed Realty Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners