Government Properties Income Trust (NYSE:GOV) announced a quarterly dividend on Tuesday, October 11th. Shareholders of record on Friday, October 21st will be given a dividend of 0.43 per share by the real estate investment trust on Monday, November 21st. This represents a $1.72 dividend on an annualized basis and a yield of 8.25%. The ex-dividend date of this dividend is Wednesday, October 19th.

Shares of Government Properties Income Trust (NYSE:GOV) opened at 20.84 on Friday. Government Properties Income Trust has a 52-week low of $12.33 and a 52-week high of $24.61. The firm has a 50-day moving average of $22.62 and a 200-day moving average of $21.32.

Government Properties Income Trust (NYSE:GOV) last released its quarterly earnings data on Thursday, July 28th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.62 by $0.01. The firm had revenue of $64.06 million for the quarter, compared to analysts’ expectations of $63.74 million. During the same quarter in the previous year, the company posted $0.60 EPS. The business’s quarterly revenue was up 3.1% on a year-over-year basis. On average, analysts predict that Government Properties Income Trust will post $2.38 earnings per share for the current year.

Dividend History for Government Properties Income Trust (NYSE:GOV)

A number of large investors have recently bought and sold shares of GOV. Cipher Capital LP boosted its stake in Government Properties Income Trust by 170.9% in the second quarter. Cipher Capital LP now owns 131,152 shares of the real estate investment trust’s stock worth $3,024,000 after buying an additional 82,741 shares during the last quarter. Jane Street Group LLC purchased a new stake in Government Properties Income Trust during the second quarter worth approximately $959,000. Advisor Group Inc. purchased a new stake in Government Properties Income Trust during the second quarter worth approximately $847,000. Parametric Portfolio Associates LLC boosted its stake in Government Properties Income Trust by 15.0% in the second quarter. Parametric Portfolio Associates LLC now owns 166,096 shares of the real estate investment trust’s stock worth $3,830,000 after buying an additional 21,710 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Government Properties Income Trust during the second quarter worth approximately $492,000.

GOV has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Tuesday, June 21st. FBR & Co reiterated a “buy” rating on shares of Government Properties Income Trust in a research note on Friday, July 29th. Finally, Jefferies Group downgraded shares of Government Properties Income Trust from a “hold” rating to an “underperform” rating and set a $17.00 price objective on the stock. in a research note on Tuesday, July 19th.

About Government Properties Income Trust

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates in two segments: ownership of properties that are primarily leased to Government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others.

5 Day Chart for NYSE:GOV

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