CapLease Keeping Steady Dividend
Real estate investment trust CapLease has announced plans to pay a quarterly cash dividend of $0.0775 per share.
The REIT has paid this amount since April 2013, after upping its payout 3.3% from $0.075. Annualized, the company's current dividend payout adds to $0.31 per share of common stock.
CapLease's latest dividend will be payable on Oct. 15 for all shareholders of record as of the close of business on Sept. 23. The company's stock was trading at $8.49 as of the market's close on Sept. 10, which means CapLease's current dividend yield factors out to 3.6%.
The article CapLease Keeping Steady Dividend originally appeared on Fool.com.Fool contributor Caroline Bennett 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.