Government Properties Income Trust (NYSE:GOV) declared a quarterly dividend on Tuesday, October 11th. Stockholders of record on Friday, October 21st will be paid 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 dividend yield of 8.25%. The ex-dividend date of this dividend is Wednesday, October 19th.

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

Government Properties Income Trust (NYSE:GOV) last released its earnings results on Thursday, July 28th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by $0.01. The company earned $64.06 million during the quarter, compared to analyst estimates of $63.74 million. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 earnings per share. On average, equities research analysts anticipate that Government Properties Income Trust will post $2.38 EPS for the current year.

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

Institutional investors have recently made changes to their positions in the company. State Street Corp increased its position in shares of Government Properties Income Trust by 1.0% in the second quarter. State Street Corp now owns 1,554,482 shares of the real estate investment trust’s stock worth $35,846,000 after buying an additional 14,886 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Government Properties Income Trust by 1.5% in the second quarter. Hsbc Holdings PLC now owns 10,699 shares of the real estate investment trust’s stock worth $247,000 after buying an additional 153 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Government Properties Income Trust by 4.7% in the second quarter. Thrivent Financial for Lutherans now owns 42,711 shares of the real estate investment trust’s stock worth $985,000 after buying an additional 1,930 shares in the last quarter. BOKF NA purchased a new stake in shares of Government Properties Income Trust during the second quarter worth about $240,000. Finally, Profund Advisors LLC boosted its stake in shares of Government Properties Income Trust by 3.1% in the second quarter. Profund Advisors LLC now owns 18,336 shares of the real estate investment trust’s stock worth $423,000 after buying an additional 558 shares in the last quarter.

A number of analysts recently issued reports on GOV shares. Jefferies Group downgraded Government Properties Income Trust from a “hold” rating to an “underperform” rating and set a $17.00 target price on the stock. in a research report on Tuesday, July 19th. FBR & Co started coverage on Government Properties Income Trust in a research report on Thursday, June 16th. They issued an “outperform” rating and a $25.00 target price on the stock. Finally, Zacks Investment Research downgraded Government Properties Income Trust from a “buy” rating to a “hold” rating in a research report on Thursday, July 21st.

Government Properties Income Trust Company Profile

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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