Terreno Realty Corporation Declares Quarterly Dividend and Files Third Quarter 2022 Financial Statements
11/02/2022 - 04:10 PM
BELLEVUE, Wash. --(BUSINESS WIRE)--
Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending December 31, 2022 of $0.40 per common share. The dividend will be payable on January 13, 2023 to common stockholders of record at the close of business on December 30, 2022 .
Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended September 30, 2022 with the U.S. Securities and Exchange Commission . The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com .
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles , Northern New Jersey /New York City , San Francisco Bay Area , Seattle , Miami , and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “may”, “might”, “plan”, “project”, “result”, “should”, “will”, “seek”, “target”, “see”, “likely”, “position”, “opportunity”, “outlook” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, the impact of the COVID-19 pandemic on our business, our tenants and the national and local economies, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2021 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
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Jaime Cannon
415-655-4580
Source: Terreno Realty Corporation
TRNO Rankings
#2750 Ranked by Stock Gains
TRNO Stock Data
Industry
Offices of Real Estate Agents and Brokers
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Real Estate and Rental and Leasing, Offices of Real Estate Agents and Brokers
Country
MASSACHUSETTS
About TRNO
terreno realty corporation and together with its subsidiaries, the âcompanyâ) acquires, owns and operates industrial real estate in six major coastal u.s. markets: los angeles, northern new jersey/new york city, san francisco bay area, seattle, miami, and washington, d.c. all square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. as of september 30, 2020, the company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. the company is an internally managed maryland corporation and elected to be taxed as a real estate investment trust (âreitâ) under sections 856 through 860 of the internal revenue code of 1986, as amended (the âcodeâ), commencing with its taxable year ended december 31, 2010.