CommonWealth REIT Declares Fresh Dividends

CommonWealth REIT is keeping the dividend taps open. The real estate investment trust has declared its latest quarterly common and preferred stock distributions. For the former, the company will hand out $0.25 per share "on or about" Aug. 23 to shareholders of record as of July 26. CommonWealth's series D and E preferred stockholders will receive $0.4063 and $0.4531 per share, respectively. Both distributions will be made "on or about" Aug. 15 to holders of record as of Aug. 1.

The common stock distribution matches each of the REIT's previous three payouts, the most recent of which was disbursed in May.

The common stock dividend annualizes to an even $1.00 per share. That yields 4.3% at CommonWealth's most recent closing stock price of $23.41. 

The article CommonWealth REIT Declares Fresh Dividends originally appeared on

Fool contributor Eric Volkman has no position in CommonWealth REIT. Nor does The Motley Fool. 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.

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

Read Full Story