First Potomac Realty Trust Declares Dividends on Common and Preferred Shares
BETHESDA, Md.--([ BUSINESS WIRE ])--First Potomac Realty Trust (NYSE:FPO), a leading owner of office and industrial properties in the greater Washington, D.C. region, today announced that its Board of Trustees has declared a dividend of $0.20per common share for the Company's fourth quarter ended December 31, 2010. The dividend, which equates to an annualized rate of $0.80 per share, is payable on February 11, 2011, to common shareholders of record on February 4, 2011.
The Board of Trustees has also approved payment of a dividend of $0.1453125 per share on the Companya�s 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares, payable February 15, 2011 to Series A preferred shareholders of record on February 4, 2011.
The Company also announced that it has set the date for its 2011 Annual Meeting of Shareholders. The meeting will take place on May 19, 2011 at 11:00 AM ET at the Companya�s headquarters located on 7600 Wisconsin Avenue, Bethesda, Maryland.
About First Potomac Realty Trust
Headquartered in Bethesda, Md., First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, operating, developing and redeveloping office and industrial properties in the greater Washington, D.C. region. The Company's portfolio totals approximately 13 million square feet. The Company's largest tenant is the U.S. Government, which along with government contractors, accounts for more than 20 percent of the Company's revenue. For more information, please visit [ http://www.first-potomac.com ].