Terreno Realty Corporation Declares Quarterly Dividend and Files Third Quarter 2023 Financial Statements

Rhea-AI Summary

Terreno Realty Corporation (NYSE: TRNO) has declared a regular cash dividend of $0.45 per common share for the quarter ending December 31, 2023. The dividend will be payable on January 5, 2024 to common stockholders of record at the close of business on December 15, 2023. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended September 30, 2023 with the U.S. Securities and Exchange Commission.

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 December 31, 2023 of $0.45 per common share. The dividend will be payable on January 5, 2024 to common stockholders of record at the close of business on December 15, 2023.

Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended September 30, 2023 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, 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/20231031665885/en/

Jaime Cannon

415-655-4580

Source: Terreno Realty Corporation

FAQ

What is the dividend declared by Terreno Realty Corporation?

Terreno Realty Corporation has declared a regular cash dividend of $0.45 per common share for the quarter ending December 31, 2023.

When will the dividend be payable?

The dividend will be payable on January 5, 2024.

Who are eligible to receive the dividend?

Common stockholders of Terreno Realty Corporation as of the close of business on December 15, 2023.

Where can I find the financial statements and supplemental financial information of Terreno Realty Corporation?

The financial statements and supplemental financial information can be found in the Investors & Media section of Terreno Realty Corporation's website, www.terreno.com.