PHILADELPHIA, PA — Brandywine Realty Trust (NYSE: BDN) declared a quarterly cash dividend of $0.08 per common share and operating partnership unit, maintaining an annualized payout rate of $0.32 as the real estate investment trust approaches its third-quarter earnings release.
The dividend will be paid Oct. 22 to holders of record as of Oct. 8, the company said.
Brandywine expects to report third-quarter results after the market closes Oct. 21 and hold its earnings conference call at 9 a.m. Eastern Time on Oct. 22.
A live webcast will be available through the investor relations section of www.brandywinerealty.com.
Brandywine owns, develops, leases and manages properties with a core focus on Philadelphia and Austin, Texas. As of June 30, its portfolio comprised 112 properties totaling 19.2 million square feet.
The company operates as a publicly traded REIT focused on urban, town-center and transit-oriented real estate.
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