Terreno Realty Corporation Increases Quarterly Dividend by 12.5% and Files Second Quarter 2023 Financial Statements
03 August 2023 - 6:10AM
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
September 30, 2023 of $0.45 per common share; an increase of 12.5%
over the prior dividend level. The dividend will be payable on
October 13, 2023 to common stockholders of record at the close of
business on September 29, 2023.
Terreno Realty Corporation filed its quarterly report on Form
10-Q for the quarter ended June 30, 2023 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, and those risk factors
contained in our Annual Report on Form 10-K for the year ended
December 31, 2022 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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version on businesswire.com: https://www.businesswire.com/news/home/20230731505942/en/
Jaime Cannon 415-655-4580
Terreno Realty (NYSE:TRNO)
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