Government Properties Income Trust Raises Quarterly Common Dividend
NEWTON, Mass.--([ BUSINESS WIRE ])--Government Properties Income Trust (NYSE: GOV) today announced it has raised its quarterly common share distribution to $0.41 per share ($1.64 per share per year). GOV completed its initial public offering, or IPO, in June 2009 and it has paid dividends at the rate of $0.40 per share per quarter ($1.60 per share per year) since its IPO. This distribution of $0.41 per share will be paid to GOVa™s common shareholders of record as of the close of business on July 16, 2010 and distributed on or about August 16, 2010.
Government Properties Income Trust is a real estate investment trust, or REIT, which owns properties leased primarily to the U.S. Government and state governments located throughout the United States. GOV is headquartered in Newton, MA.