City Office REIT Announces Dividends for Second Quarter 2021
16 June 2021 - 6:05AM
Business Wire
City Office REIT, Inc. (NYSE: CIO) (“City Office” or the
“Company”) announced today that its Board of Directors has
authorized a quarterly dividend amount of $0.15 per share of common
stock and common unit of partnership interest for the second
quarter of 2021.
Additionally, the Board of Directors authorized a regular
quarterly dividend of $0.4140625 per share of the Company’s 6.625%
Series A Cumulative Redeemable Preferred Stock.
The dividends will be payable on July 23, 2021 to all
stockholders and operating partnership unitholders of record as of
the close of business on July 9, 2021.
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company
focused on acquiring, owning and operating high-quality office
properties located in leading 18-hour cities in the Southern and
Western United States. City Office currently owns or has a
controlling interest in 5.5 million square feet of office
properties. The Company has elected to be taxed as a real estate
investment trust for U.S. federal income tax purposes.
Forward-looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that are based on management's current expectations, assumptions
and beliefs. Forward-looking statements can often be identified by
words such as "anticipate", "expect," "intend," "may" and similar
expressions, and variations or negatives of these words. They are
not guarantees of future results and are subject to risks,
uncertainties and assumptions that could cause actual results to
differ materially from those expressed in any forward-looking
statement. Factors that could cause actual results to differ
materially include, among other things, the timing and amount of
repurchases of CIO's common stock, if any, changes to CIO's
expected liquidity position and the risk factors set forth in CIO's
Annual Report on Form 10-K for the year ended December 31, 2020 and
subsequent filings with the Securities and Exchange Commission. The
statements made herein speak only as of the date of this press
release and except as required by law, CIO does not undertake any
obligation to publicly update or revise any forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20210615006116/en/
City Office REIT, Inc. Anthony Maretic, CFO +1-604-806-3366
investorrelations@cioreit.com
City Office REIT (NYSE:CIO)
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