JBG SMITH Declares a Quarterly Common Dividend of $0.225 Per Share

Rhea-AI Summary

JBG SMITH (NYSE: JBGS) announced a quarterly dividend of $0.225 per common share, payable on January 11, 2021, to shareholders recorded by December 28, 2020. As a prominent owner and developer in the Washington, DC market, JBG SMITH focuses on creating vibrant mixed-use properties. The company currently manages a portfolio of 20.7 million square feet of assets, with 98% being Metro-served, and has a development pipeline of 17.1 million square feet. For more insights, visit www.jbgsmith.com.

Positive

• Quarterly dividend of $0.225 per share demonstrates commitment to returning income to shareholders.
• Diverse portfolio of 20.7 million square feet indicates strong asset management in a high-growth market.
• 98% of properties are Metro-served, highlighting accessibility for tenants and potential for steady occupancy rates.

Negative

• None.

JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on January 11, 2021 to common shareholders of record as of December 28, 2020.

About JBG SMITH

JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it now serves as the exclusive developer for Amazon’s new headquarters. JBG SMITH’s portfolio currently comprises 20.7 million square feet of high-growth office, multifamily and retail assets, 98% at our share of which are Metro-served. It also maintains a development pipeline encompassing 17.1 million square feet of mixed-use development opportunities. For more information on JBG SMITH please visit www.jbgsmith.com.

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FAQ

When is the dividend payment date for JBGS?

The dividend payment date for JBGS is January 11, 2021.

What is the amount of the quarterly dividend declared by JBGS?

JBG SMITH declared a quarterly dividend of $0.225 per common share.

What is the record date for the JBGS dividend?

The record date for the JBGS dividend is December 28, 2020.

How large is JBG SMITH's property portfolio?

JBG SMITH's property portfolio comprises 20.7 million square feet.

What percentage of JBG SMITH's properties are Metro-served?

98% of JBG SMITH's properties are Metro-served.