COPT Defense Properties Declares Quarterly Dividend of $0.32 (NYSE:CDP)

COPT Defense Properties (NYSE:CDP) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.32 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Wednesday, September 30th.

COPT Defense Properties has raised its dividend by an average of 0.0%per year over the last three years.

COPT Defense Properties Price Performance

Shares of COPT Defense Properties stock opened at $37.26 on Friday. The firm has a market capitalization of $4.23 billion, a PE ratio of 25.88 and a beta of 0.76. The company has a current ratio of 2.89, a quick ratio of 2.89 and a debt-to-equity ratio of 1.64. COPT Defense Properties has a 12 month low of $27.06 and a 12 month high of $38.90. The business’s 50-day moving average price is $36.24 and its 200-day moving average price is $33.31.

COPT Defense Properties (NYSE:CDP) last released its earnings results on Monday, July 27th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.07. COPT Defense Properties had a return on equity of 10.48% and a net margin of 20.94%.The company had revenue of $197.39 million during the quarter, compared to the consensus estimate of $189.36 million. During the same quarter in the previous year, the company posted $0.34 EPS. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. Sell-side analysts forecast that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

About COPT Defense Properties

COPT Defense Properties (NYSE: CDP) is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company’s portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories.