Washington Real Estate Investment Trust Announces 212th Consecutive Quarterly Dividend
ROCKVILLE, Md., Oct. 22, 2014 /PRNewswire/ -- Washington Real Estate Investment Trust ("Washington REIT" or the "Company") (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, today announced that its Board of Trustees has declared a quarterly dividend of $0.30 per share to be paid on December 31, 2014 to shareholders of record on December 15, 2014.
This is Washington REIT's 212th consecutive quarterly dividend.
About Washington REIT
Washington REIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 55 properties totaling approximately 7 million square feet of commercial space and 2,890 residential units, and land held for development. These 55 properties consist of 25 office properties, 17 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE: WRE).
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors include, but are not limited to, the potential for federal government budget reductions, changes in general and local economic and real estate market conditions, the timing and pricing of lease transactions, the availability and cost of capital, fluctuations in interest rates, tenants' financial conditions, levels of competition, the effect of government regulation, the impact of newly adopted accounting principles, and other risks and uncertainties detailed from time to time in our filings with the SEC, including our 2013 Form 10-K and Second Quarter 2014 Form 10-Q. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
CONTACT: |
6110 Executive Blvd., Suite 800 |
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William T. Camp |
Rockville, Maryland 20852 |
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Executive Vice President and |
Tel 301-984-9400 |
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Chief Financial Officer |
Fax 301-984-9610 |
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E-Mail: bcamp@writ.com |
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SOURCE Washington Real Estate Investment Trust
Released October 22, 2014