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COPT Defense Properties (CDP) Stock News, Feb-Jul 2024

CDP NYSE

COPT Defense Properties reports on the operating performance of a self-managed real estate investment trust focused on properties near, and in some cases containing, key U.S. Government defense installations and missions. Its Defense/IT Portfolio serves U.S. Government tenants and defense contractors that often require mission-critical and high-security property enhancements.

Recurring CDP news includes FFO and earnings releases, leasing activity, tenant retention, occupancy and leased-rate trends, development commitments, land and property investments, financing activity, dividend declarations, distribution tax treatment, annual guidance and investor conference presentations. Company updates frequently tie portfolio growth to locations such as The National Business Park, Redstone Gateway, Northern Virginia defense and IT locations, Lackland Air Force Base and Navy-support facilities.

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COPT Defense Properties (NYSE: CDP) will release its second quarter 2024 results on Monday, July 29, 2024, after the market closes. Management will discuss the results in a conference call on Tuesday, July 30, 2024, at 12:00 p.m. Eastern. Participants must register to receive the dial-in number and personal pin. The conference call can also be accessed via a live webcast on the company's Investors website. A replay will be available shortly after the call ends.

COPT Defense, a self-managed REIT and S&P MidCap 400 company, focuses on owning and developing properties near key U.S. Government defense installations. As of March 31, 2024, the company's Defense/IT Portfolio included 193 properties with 22.0 million square feet, 96.8% of which were leased.

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COPT Defense Properties (NYSE: CDP) announced that its President and CEO, Stephen E. Budorick, will present at Nareit’s REITweek: 2024 Investor Conference on June 5, 2024. The session, including a Q&A, will take place at 10:15 a.m. Eastern Time at the New York Hilton Midtown. A live audio webcast and materials will be available on the COPT Investors website.

COPT Defense focuses on owning, operating, and developing properties near key U.S. Government defense installations. The company’s tenants include the U.S. Government and defense contractors engaged in national security activities, requiring high-security property enhancements. As of March 31, 2024, COPT’s Defense/IT Portfolio comprised 193 properties (22.0 million square feet) with a 96.8% leasing rate.

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COPT Defense Properties (NYSE: CDP) declared a regular quarterly dividend of $0.295 per common share for the second quarter ending June 30, 2024. The dividend is payable on July 17, 2024, to shareholders of record on June 28, 2024. COPT Defense is a REIT focused on properties near US Government defense installations.

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FAQ

What is the current stock price of COPT Defense Properties (CDP)?

COPT Defense Properties (CDP) last closed at $33.93.

What is the market cap of COPT Defense Properties (CDP)?

The market cap of COPT Defense Properties (CDP) is approximately $3.8B.