Government Properties Trust Declares Fresh Dividend
Government Properties Income Trust has decided to keep its dividend steady. The company announced it will pay a fresh quarterly distribution of $0.43 per share of its common stock "on or about" May 24 to shareholders of record as of April 26. That amount matches the REIT's preceding two payouts, the most recent of which was handed down in January. Before that, the company paid $0.42 per share.
The REIT has paid a regular quarterly dividend consistently since October 2009.
The current payout annualizes to $1.72 per share. That yields 6.6% at Government Properties' most recent closing stock price of $26.15.
The article Government Properties Trust Declares Fresh Dividend originally appeared on Fool.com.Fool contributor Eric Volkman and The Motley Fool have no position in Government Properties Income Trust. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.