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CommonWealth REIT Declares Four Dividends On Common, Preferred Shares

Oct 5, 2011 | Reprints | Unlock Link | Print

The board of directors of Newton-based CommonWealth REIT has declared a quarterly cash dividend of 50-cents per common share, and also declared dividends of upwards of 40 cents per share on its Series C, D and E preferred shares.

The payout on common stocks is payable Nov. 22 to shareholders of record on Oct. 21.

A distribution of 44.53-cents per Series C Cumulative Redeemable Preferred Share will be paid on or about Nov. 15 to holders of record of Series C Preferred Shares at the close of business on Nov. 1

Holders of Series D and Series E Cumulative Redeemable Preferred Shares will be paid 40.63-cents and 45.31-cents per share, respectively, also on Nov. 15 to shareholders of record as of Nov. 1.

CommonWealth REIT primarily owns office and industrial properties in a nationwide portfolio.

Commercial & Industrial