Press release from PR Newswire
Saul Centers Declares Quarterly Dividends
Thursday, September 19, 2013
Saul Centers Declares Quarterly Dividends16:05 EDT Thursday, September 19, 2013
BETHESDA, Md., Sept. 19, 2013 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.36 per share on its common stock, to be paid October 31, 2013 to holders of record on October 17, 2013. The amount of the quarterly common dividend payable is unchanged from the amount paid in the previous quarter and the prior year's comparable quarter.
The Company also declared the quarterly dividends for its 8% Series A Cumulative Redeemable Preferred Stock in the amount of $0.50 per depositary share and 6.875% Series C Cumulative Redeemable Preferred Stock in the amount of $0.4296875 per depositary share. Both preferred dividends will be paid October 15, 2013 to holders of record on October 5, 2013.
Saul Centers is a self-managed, self-administered equity real estate investment trust headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio of 59 operating community and neighborhood shopping center and office/mixed-use properties totaling approximately 9.3 million square feet of leasable area. Over 85% of the Company's cash flow is generated from properties in the metropolitan Washington, DC/Baltimore area.
More information about Saul Centers is available on the Company's website at www.saulcenters.com.
SOURCE Saul Centers, Inc.
For further information: Scott V. Schneider (301) 986-6220