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

Rhea-AI Summary

JBG SMITH (NYSE: JBGS) declared a quarterly dividend of $0.225 per common share, scheduled for payment on August 27, 2021. Shareholders of record by August 13, 2021 will be eligible. JBG SMITH specializes in high-quality, mixed-use properties in the Washington, DC market, focusing on vibrant, walkable neighborhoods. Its portfolio includes 17.3 million square feet of assets, primarily in high-growth areas, with a development pipeline of 16.8 million square feet.

Positive

• Declared quarterly dividend of $0.225 per share, providing income for shareholders.
• Strong property portfolio of 17.3 million square feet, indicating robust asset base.

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 August 27, 2021 to common shareholders of record as of August 13, 2021.

About JBG SMITH

JBG SMITH owns, operates, invests in and develops a dynamic portfolio of mixed-use properties in the high growth and high barrier-to-entry submarkets in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Over half of JBG SMITH’s holdings are in the National Landing submarket in Northern Virginia, where it serves as the exclusive developer for Amazon’s new headquarters, and where Virginia Tech’s planned new $1 billion Innovation Campus is located. JBG SMITH's portfolio currently comprises 17.3 million square feet of high-growth office, multifamily and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 16.8 million square feet of mixed-use development opportunities. For more information on JBG SMITH please visit www.jbgsmith.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210729006136/en/

FAQ

What is the dividend amount for JBGS in August 2021?

The declared dividend for JBGS is $0.225 per common share.

When will the JBGS dividend be paid?

The dividend will be paid on August 27, 2021.

What is the record date for the JBGS dividend?

The record date for the JBGS dividend is August 13, 2021.

How much property does JBG SMITH own?

JBG SMITH owns a portfolio of 17.3 million square feet of mixed-use properties.

What is JBG SMITH's development pipeline size?

JBG SMITH has a development pipeline of 16.8 million square feet.