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BioMed Realty Trust Declares 14-Cent Dividend

Dec 16, 2009 | Reprints | Unlock Link | Print

The board of directors at BioMed Realty Trust Inc., a life science property owner with a large presence around Boston, has declared a fourth quarter dividend of $0.14 per share of common stock.

The dividend represents a 27.3 percent increase over the company’s third quarter dividend of $0.11 per share. The dividend is equivalent to an annualized dividend of $0.56 per common share, according to a statement.

The board of directors has declared a dividend of $0.46 per share of the company’s 7.375 percent Series A cumulative redeemable preferred stock for the period from Oct. 16 through Jan. 15.

Both dividends are payable on Jan. 15 to stockholders of record at the close of business on Dec. 31.

Commercial & Industrial