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Newton REIT Announces First Dividend

Oct 13, 2009 | Reprints | Unlock Link | Print

Government Properties Income Trust, a Newton-based REIT, is paying off its investors for the first time to the tune of $0.50 per common share.

The distribution includes a regular quarterly distribution of $0.40 per common share with respect to the quarter ended Sept. 30, plus an additional $0.10 reflecting Government Properties’ first 22 days as a public company during the prior quarter.

The dividend will be paid to common shareholders of record as of the close of share trading on Oct. 23, for distribution on or about Nov. 25.

Government Properties Income Trust owns properties located throughout the United States, leased primarily to the federal government and several state government tenants. As of June 30, the REIT owned 29 properties with 3.3 million square feet.

Executive Briefing