COPT Defense Increases Quarterly Dividend by 3.4%
COPT Defense Properties (NYSE: CDP) has announced a 3.4% increase in its quarterly dividend, raising it from $0.295 to $0.305 per common share for the first quarter ending March 31, 2025. The dividend will be payable on April 16, 2025, to shareholders of record on March 31, 2025, representing an annualized amount of $1.22 per share.
As of December 31, 2024, COPT Defense's portfolio consists of 195 properties, including 24 owned through unconsolidated joint ventures, totaling 22.4 million square feet with a 96.8% lease rate. The company specializes in owning, operating, and developing properties near key U.S. Government defense installations, with tenants primarily comprising the USG and their defense contractors engaged in national security activities.
COPT Defense Properties (NYSE: CDP) ha annunciato un aumento del 3,4% del suo dividendo trimestrale, portandolo da $0,295 a $0,305 per azione comune per il primo trimestre che termina il 31 marzo 2025. Il dividendo sarà pagabile il 16 aprile 2025 agli azionisti registrati il 31 marzo 2025, rappresentando un importo annualizzato di $1,22 per azione.
Al 31 dicembre 2024, il portafoglio di COPT Defense comprende 195 proprietà, di cui 24 possedute tramite joint venture non consolidate, per un totale di 22,4 milioni di piedi quadrati con un tasso di affitto del 96,8%. L'azienda è specializzata nel possesso, nella gestione e nello sviluppo di proprietà vicino a importanti installazioni di difesa del governo degli Stati Uniti, con inquilini principalmente costituiti dal governo statunitense e dai loro appaltatori della difesa impegnati in attività di sicurezza nazionale.
COPT Defense Properties (NYSE: CDP) ha anunciado un aumento del 3.4% en su dividendo trimestral, elevándolo de $0.295 a $0.305 por acción común para el primer trimestre que finaliza el 31 de marzo de 2025. El dividendo se pagará el 16 de abril de 2025 a los accionistas registrados el 31 de marzo de 2025, lo que representa un monto anualizado de $1.22 por acción.
Al 31 de diciembre de 2024, el portafolio de COPT Defense consiste en 195 propiedades, incluyendo 24 poseídas a través de joint ventures no consolidadas, totalizando 22.4 millones de pies cuadrados con una tasa de arrendamiento del 96.8%. La empresa se especializa en poseer, operar y desarrollar propiedades cerca de instalaciones clave de defensa del gobierno de EE. UU., con inquilinos que comprenden principalmente al gobierno de EE. UU. y sus contratistas de defensa involucrados en actividades de seguridad nacional.
COPT Defense Properties (NYSE: CDP)는 분기 배당금이 3.4% 증가하여 $0.295에서 $0.305로 보통주당 배당금이 인상되었다고 발표했습니다. 이는 2025년 3월 31일에 종료되는 첫 분기 배당금으로, 배당금은 2025년 4월 16일에 지급되며, 2025년 3월 31일 기준 주주에게 지급됩니다. 이는 주당 연간 $1.22에 해당합니다.
2024년 12월 31일 기준으로 COPT Defense의 포트폴리오는 195개 자산으로 구성되어 있으며, 이 중 24개는 비지배 합작 투자로 보유하고 있습니다. 총 면적은 2,240만 평방피트이며 96.8%의 임대율을 기록하고 있습니다. 이 회사는 미국 정부의 주요 방산 시설 근처에 있는 자산을 소유, 운영 및 개발하는 전문 기업으로, 세입자는 주로 미국 정부와 국가 안보 활동에 참여하는 방산 계약업체들로 구성됩니다.
COPT Defense Properties (NYSE: CDP) a annoncé une augmentation de 3,4 % de son dividende trimestriel, le portant de $0,295 à $0,305 par action ordinaire pour le premier trimestre se terminant le 31 mars 2025. Le dividende sera payable le 16 avril 2025 aux actionnaires enregistrés au 31 mars 2025, représentant un montant annualisé de $1,22 par action.
Au 31 décembre 2024, le portefeuille de COPT Defense se compose de 195 propriétés, dont 24 détenues par le biais de coentreprises non consolidées, totalisant 22,4 millions de pieds carrés avec un taux de location de 96,8 %. L'entreprise se spécialise dans la possession, l'exploitation et le développement de propriétés à proximité d'installations de défense clés du gouvernement américain, avec des locataires principalement composés du gouvernement américain et de leurs entrepreneurs de défense engagés dans des activités de sécurité nationale.
COPT Defense Properties (NYSE: CDP) hat eine Erhöhung der vierteljährlichen Dividende um 3,4% angekündigt, die von $0,295 auf $0,305 pro Stammaktie für das erste Quartal, das am 31. März 2025 endet, angehoben wird. Die Dividende wird am 16. April 2025 an die zum 31. März 2025 registrierten Aktionäre ausgezahlt und entspricht einem annualisierten Betrag von $1,22 pro Aktie.
Zum 31. Dezember 2024 umfasst das Portfolio von COPT Defense 195 Immobilien, darunter 24, die über nicht konsolidierte Joint Ventures gehalten werden, mit einer Gesamtfläche von 22,4 Millionen Quadratfuß und einer Vermietungsquote von 96,8%. Das Unternehmen ist auf den Besitz, die Verwaltung und die Entwicklung von Immobilien in der Nähe wichtiger US-Regierungsverteidigungsinstallationen spezialisiert, wobei die Mieter hauptsächlich aus der US-Regierung und deren Verteidigungsauftragnehmern bestehen, die an nationalen Sicherheitsaktivitäten beteiligt sind.
- Dividend increase of 3.4% demonstrates company's financial strength
- High portfolio occupancy rate of 96.8%
- Strong tenant base consisting of U.S. Government and defense contractors
- Substantial portfolio of 195 properties totaling 22.4 million square feet
- None.
About COPT Defense
COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key
Forward-Looking Information
This press release may contain “forward-looking” statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company’s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as “may,” “will,” “should,” “could,” “believe,” “anticipate,” “expect,” “estimate,” “plan” or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.
The areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Source: COPT Defense Properties
View source version on businesswire.com: https://www.businesswire.com/news/home/20250220015573/en/
IR Contacts:
Venkat Kommineni, CFA
443.285.5587
venkat.kommineni@copt.com
Michelle Layne
443.285.5452
michelle.layne@copt.com
Source: COPT Defense Properties
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