Welcome to our dedicated page for Saul Ctrs news (Ticker: BFS), a resource for investors and traders seeking the latest updates and insights on Saul Ctrs stock.
Saul Centers, Inc. (BFS) operates as a self-managed equity REIT focused on retail and mixed-use properties in high-demand urban markets. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping this Washington D.C./Baltimore-focused real estate leader.
Access authoritative coverage of earnings announcements, property acquisitions, and portfolio enhancements. Our curated news collection simplifies tracking of lease agreements with anchor tenants, renovation projects, and market expansion efforts central to Saul Centers' operational strategy.
Key updates include financial disclosures, sustainability initiatives, and leadership changes impacting this community-centered REIT. Bookmark this page for direct access to verified press releases and analysis of how Saul Centers' self-managed approach drives value in competitive retail real estate markets.
Saul Centers (NYSE: BFS) announced a quarterly dividend of $0.59 per share on its common stock, payable on July 31, 2024, to shareholders of record as of July 15, 2024. The dividend amount remains unchanged from the previous quarter and the same quarter last year. Additionally, the company declared dividends on its 6.125% Series D Cumulative Redeemable Preferred Stock ($0.3828125 per share) and its 6.000% Series E Cumulative Redeemable Preferred Stock ($0.375 per share), both payable on July 15, 2024, to holders of record on July 1, 2024.
Saul Centers is a self-managed, self-administered REIT based in Bethesda, Maryland, managing a portfolio of 61 properties, including 57 shopping centers and mixed-use properties spanning 9.8 million square feet of leasable area, and four land and development properties. Over 85% of the operating income is generated from properties in the Washington, DC/Baltimore area.
Saul Centers, Inc. reported positive financial results for the first quarter of 2024, with total revenue increasing to $66.7 million and net income rising to $18.3 million. Same property revenue and operating income also saw significant boosts compared to the previous year. The company's Funds from Operations (FFO) increased to $27.5 million, reflecting a strong operating performance. Saul Centers, Inc. maintains high occupancy rates in both commercial and residential portfolios.
FAQ
What is the current stock price of Saul Ctrs (BFS)?
What is the market cap of Saul Ctrs (BFS)?
