Saul Centers, Inc. Declares Quarterly Dividend on its Common Stock, Payable on July 30, 2021
June 25, 2021 at 12:05 pm EDT
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Saul Centers, Inc. has declared a quarterly dividend of $0.55 per share on its common stock, to be paid on July 30, 2021, to holders of record on July 16, 2021. The common dividend represents a $0.02 per share (3.77%) increase over the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter.
Saul Centers, Inc. is a real estate investment trust (REIT). The Company conducts all its activities through its subsidiaries, the Operating Partnership and Subsidiary Partnerships, engaged in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties, primarily in the Washington, DC/Baltimore metropolitan area. The Company operates through two business segments: Shopping Centers and Mixed-Use Properties. The Company operates and manages a real estate portfolio of over 57 operating properties, totaling approximately 9.8 million square feet of gross leasable area (GLA), and four development properties. The operating property portfolio is composed of 50 neighborhood and community shopping centers, and seven mixed-use properties totaling approximately 7.9 million and 1.9 million square feet of GLA, respectively.
SAUL CENTERS, INC. 
