City Office REIT Announces Dividends for Third Quarter 2024
City Office REIT (NYSE: CIO) has announced its dividend distributions for the third quarter of 2024. The company's Board of Directors has authorized a quarterly dividend of $0.10 per share for common stock and common unit of partnership interest. Additionally, a regular quarterly dividend of $0.4140625 per share has been declared for the company's 6.625% Series A Cumulative Redeemable Preferred Stock. Both dividends are scheduled to be paid on October 24, 2024, with a record date of October 10, 2024 for all stockholders, preferred stockholders, and operating partnership unitholders.
City Office REIT (NYSE: CIO) ha annunciato le sue distribuzioni di dividendi per il terzo trimestre del 2024. Il consiglio di amministrazione dell'azienda ha autorizzato un dividendo trimestrale di $0,10 per azione per le azioni ordinarie e le unità di interesse della partnership. Inoltre, è stato dichiarato un dividendo trimestrale regolare di $0,4140625 per azione per le azioni privilegiate cumulative rimborsabili di Serie A con un tasso del 6,625%. Entrambi i dividendi sono previsti per essere pagati il 24 ottobre 2024, con una data di registrazione del 10 ottobre 2024 per tutti gli azionisti, gli azionisti privilegiati e i partecipanti alla partnership operativa.
City Office REIT (NYSE: CIO) ha anunciado sus distribuciones de dividendos para el tercer trimestre de 2024. La junta directiva de la empresa ha autorizado un dividendo trimestral de $0.10 por acción para las acciones ordinarias y unidades de interés de la asociación. Además, se ha declarado un dividendo trimestral regular de $0.4140625 por acción para las acciones preferentes acumulativas redimibles de Serie A con un rendimiento del 6.625%. Ambos dividendos están programados para ser pagados el 24 de octubre de 2024, con una fecha de corte del 10 de octubre de 2024 para todos los accionistas, accionistas preferentes y titulares de unidades de asociación operativa.
City Office REIT (NYSE: CIO)는 2024년 3분기에 대한 배당금을 발표했습니다. 회사의 이사회는 보통주 및 파트너십 공동 단위에 대해 주당 $0.10의 분기 배당금을 승인했습니다. 또한, 6.625%의 비율을 가진 회사의 누적 상환 가능 우선주에 대해 주당 $0.4140625의 정기 분기 배당금이 선언되었습니다. 두 배당금 모두 2024년 10월 24일에 지급될 예정이며, 모든 주주, 우선주 주주 및 운영 파트너십 단위 보유자를 위한 기록일은 2024년 10월 10일입니다.
City Office REIT (NYSE: CIO) a annoncé ses distributions de dividendes pour le troisième trimestre de 2024. Le conseil d'administration de la société a autorisé un dividende trimestriel de 0,10 $ par action pour les actions ordinaires et les unités d'intérêt de partenariat. De plus, un dividende trimestriel régulier de 0,4140625 $ par action a été déclaré pour les actions privilégiées cumulatives remboursables de la série A avec un taux de 6,625%. Les deux dividendes sont prévus pour être versés le 24 octobre 2024, avec une date d'enregistrement du 10 octobre 2024 pour tous les actionnaires, actionnaires privilégiés et détenteurs d'unités de partenariat opérationnel.
City Office REIT (NYSE: CIO) hat seine Dividendenausschüttungen für das dritte Quartal 2024 bekannt gegeben. Der Vorstand des Unternehmens hat eine vierteljährliche Dividende von 0,10 $ pro Aktie für Stammaktien und gemeinsame Partnerschaftseinheiten genehmigt. Darüber hinaus wurde eine reguläre vierteljährliche Dividende von 0,4140625 $ pro Aktie für die kumulativ rückzahlbaren Vorzugsaktien der Serie A mit einem Zinssatz von 6,625% erklärt. Beide Dividenden sollen am 24. Oktober 2024 ausgezahlt werden, mit einem Stichtag am 10. Oktober 2024 für alle Aktionäre, Vorzugsaktionäre und Inhaber von Betriebspartnerschaftseinheiten.
- Consistent dividend payments maintained for both common and preferred stockholders
- Timely announcement of dividend schedule, providing clarity for investors
- None.
Additionally, the Board of Directors authorized a regular quarterly dividend of
The dividends will be payable on October 24, 2024 to all stockholders, preferred stockholders and operating partnership unitholders, as applicable, of record as of the close of business on October 10, 2024.
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.6 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for
Forward-looking Statements
This press release contains both historical and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "approximately," "anticipate," "assume," "believe," "budget," "contemplate," "continue," "could," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "seek," "should," "target," "will" and similar expressions, and variations or negatives of these words. They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. Factors that could cause actual results to differ materially include, among other things, changes to CIO's expected liquidity position and the risk factors set forth in CIO's Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent filings with the Securities and Exchange Commission. The statements made herein speak only as of the date of this press release, and, except as required by law, CIO does not undertake any obligation to publicly update or revise any forward-looking statements.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
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SOURCE City Office REIT, Inc.
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