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COPT Defense Increases Quarterly Dividend by 3.5%
CDPCOPT(CDP) Businesswire·2024-02-22 21:16

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of 0.295percommonshareforthefirstquarterendingMarch31,2024.Thisrepresentsanincreaseof3.50.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or 0.01 per share, over the most recent quarterly dividend of 0.285.Thefirstquarter2024dividendrepresentsanannualizedamountof0.285. The first quarter 2024 dividend represents an annualized amount of 1.18 per share and is payable on April 17, 2024, to shareholders of record on Mar ...