JBG SMITH Declares a Quarterly Common Dividend of $0.175 Per Share

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JBG SMITH (JBGS) announces a quarterly common dividend of $0.175 per share, payable on May 24, 2024, to shareholders of record on May 10, 2024.

BETHESDA, Md.--(BUSINESS WIRE)-- JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 24, 2024 to common shareholders of record as of May 10, 2024.

About JBG SMITH

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately 75.0% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket’s proximity to the Pentagon; and JBG SMITH’s deployment of 5G digital infrastructure. JBG SMITH's dynamic portfolio currently comprises 14.2 million square feet of high-growth office, multifamily, and retail assets at share, 99% of which are Metro-served. It also maintains a development pipeline encompassing 8.8 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually. For more information on JBG SMITH please visit www.jbgsmith.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240425172703/en/

Kevin Connolly

JBG SMITH

Executive Vice President, Portfolio Management & Investor Relations

(240) 333-3837

kconnolly@jbgsmith.com

Source: JBG SMITH

FAQ

What dividend has JBG SMITH (JBGS) declared per common share?

JBG SMITH (JBGS) has declared a quarterly dividend of $0.175 per common share.

When will the dividend be paid to common shareholders of JBG SMITH (JBGS)?

The dividend will be paid on May 24, 2024, to common shareholders of record as of May 10, 2024.