Government Properties Income Trust Holding Steady on Quarterly Dividend
Government Properties Income Trust , a real estate investment trust (or "REIT") that owns properties leased by the U.S. federal and state governments, plans to keep its quarterly dividend steady.
The REIT will be paying $0.43 per share of common stock, and has paid the same amount to investors since upping its payout from $0.42 per share in November 2012. Government Properties Income Trust's latest dividend will be payable on November 22 to shareholders of record as of October 25.
Annualized, this REIT's quarterly payout adds to $1.72 per share. The company's stock was trading at $23.66 as of the market's close on Oct. 8, which means the company currently has a 7.2% dividend yield.
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