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Add as a preferred source on GoogleThe $1.16 payment is scheduled for Jan. 15, with eligibility based on the Jan. 4 record date. Federal Realty said its quarterly dividend has risen for 59 consecutive years.
For holders of record on Jan. 4, the trust set the next distribution at $1.16 a share, payable Jan. 15, 2027.
The distribution matches the $1.16 payment made in October, according to the company's earlier dividend announcement. Federal Realty's Oct. 30 release said the trust has raised its quarterly dividend for 59 consecutive years, the longest record in the real estate investment trust (REIT) industry.
The next payment is scheduled for Jan. 15, 2027.
The payout is unchanged from the prior quarter and 2% above the year-earlier quarter; shareholders of record as of the close of business Nov. 2 qualify.
The firm raised $15 billion in the third quarter and reported record dry powder of $86 billion. TPG declared a $0.55 dividend on Class A common stock, payable Nov. 23.
The board declared the distribution Oct. 22, and shareholders must be on record by Nov. 12.
