COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the first quarter ending March 31, 2025. This represents an increase of 3.4%, or $0.01 per share, over the most recent quarterly dividend of $0.295.
The increased dividend translates to an annualized amount of $1.22 per share. This dividend is payable on April 16, 2025, to shareholders of record on March 31, 2025.
This marks the third consecutive annual increase in the company's quarterly dividend. The consistent dividend growth reflects management's confidence in the company's financial stability and its ability to generate sustainable cash flows from its specialized Defense/IT portfolio.
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