Saul Centers Inc Plans Quarterly Dividend of $0.53 (NYSE:BFS)
Saul Centers Inc (NYSE:BFS) declared a quarterly dividend on Monday, December 9th, Wall Street Journal reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.53 per share by the real estate investment trust on Friday, January 31st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, January 16th.
Saul Centers has increased its dividend payment by an average of 4.8% annually over the last three years and has raised its dividend every year for the last 5 years.
NYSE BFS opened at $53.28 on Wednesday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 2.70 and a current ratio of 2.70. The firm’s 50 day moving average price is $51.85 and its 200-day moving average price is $53.04. Saul Centers has a 52-week low of $48.39 and a 52-week high of $58.49. The company has a market cap of $1.20 billion, a PE ratio of 17.13 and a beta of 0.87.
Saul Centers Company Profile
Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 56 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties.
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