Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2022 Financial Statements

Rhea-AI Summary

Terreno Realty Corporation (NYSE: TRNO) has declared a regular cash dividend of $0.40 per common share for the quarter ending March 31, 2023. This dividend will be payable on April 6, 2023 to shareholders on record as of March 31, 2023. The company has also filed its annual report on Form 10-K for the year ended December 31, 2022, available in the Investors & Media section of the Terreno Realty website. As an operator of industrial real estate in six major U.S. coastal markets, the company continues to focus on growth and stability within its operational landscape.

Positive

• Declared a regular cash dividend of $0.40 per share, reflecting solid income for shareholders.
• Continued operation in six major coastal U.S. markets supports business stability.

Negative

• None.

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2023 of $0.40 per common share. The dividend will be payable on April 6, 2023 to common stockholders of record at the close of business on March 31, 2023.

Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com.

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “may”, “might”, “plan”, “project”, “result”, “should”, “will”, “seek”, “target”, “see”, “likely”, “position”, “opportunity”, “outlook” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, the impact of the COVID-19 pandemic on our business, our tenants and the national and local economies, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2022 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230207006215/en/

Jaime Cannon

415-655-4580

Source: Terreno Realty Corporation

FAQ

What is the dividend amount and payment date for TRNO?

Terreno Realty Corporation declared a dividend of $0.40 per share, payable on April 6, 2023.

When is the record date for the dividend for TRNO?

The record date for the dividend is March 31, 2023.

What markets does Terreno Realty Corporation operate in?

Terreno Realty Corporation operates in Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Where can I find the annual report for TRNO?

The annual report on Form 10-K for Terreno Realty Corporation is available in the Investors & Media section of their website.