Saul Centers Inc (BFS) To Go Ex-Dividend on July 16th
Saul Centers Inc (NYSE:BFS) announced a quarterly dividend on Friday, June 19th, Zacks reports. Stockholders of record on Friday, July 17th will be given a dividend of 0.53 per share by the real estate investment trust on Friday, July 31st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date of this dividend is Thursday, July 16th.
Saul Centers has increased its dividend by an average of 35.9% annually over the last three years and has raised its dividend annually for the last 6 consecutive years.
Saul Centers stock opened at $30.71 on Tuesday. Saul Centers has a 52-week low of $23.58 and a 52-week high of $57.29. The firm has a market capitalization of $713.20 million, a price-to-earnings ratio of 19.69 and a beta of 1.02. The company has a fifty day simple moving average of $33.03 and a 200-day simple moving average of $38.86. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 4.28.
In related news, CEO B Francis Saul II bought 10,500 shares of the stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of $29.45 per share, with a total value of $309,225.00. Company insiders own 50.10% of the company’s stock.
About Saul Centers
Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 56 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties.
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