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BFS - Dividend announcements
Saul Centers Inc. (BFS) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for BFS
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., March 16, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on April 30, 2026, to holders of record on April 15, 2026. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on April 15, 2026, to holde
- Saul Centers, Inc. Reports Fourth Quarter and Full Year 2025 EarningsBETHESDA, Md., Feb. 27, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) (the "Company"), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended December 31, 2025 ("2025 Quarter"). Total revenue for the 2025 Quarter increased to $75.1 million from $67.9 million for the quarter ended December 31, 2024 ("2024 Quarter"). Net income decreased to $8.2 million for the 2025 Quarter from $10.4 million for the 2024 Quarter. On October 1, 2025, the Company opened Hampden House, comprised of 366 apartment units and 10,100 square feet of retail space adjacent to the Bethesda Metro Station in Bethesda, Maryland. As of February 23, 2026, 130 of the 366 (35.5
- Saul Centers, Inc. Announces Tax Treatment of 2025 DividendsBETHESDA, Md., Jan. 21, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2025 dividends. During 2025, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.36 per common share. For income tax purposes, 26.3% of the dividends ($0.62 per common share) are characterized as ordinary income and 73.7% of the dividends ($1.74 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2025, the Company declared and paid the
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Dec. 4, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on January 30, 2026, to holders of record on January 15, 2026. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on January 15, 2026, to
- Saul Centers, Inc. Reports Third Quarter 2025 EarningsBETHESDA, Md., Nov. 6, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) (the "Company"), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended September 30, 2025 ("2025 Quarter"). Total revenue for the 2025 Quarter increased to $72.0 million from $67.3 million for the quarter ended September 30, 2024 ("2024 Quarter"). Net income decreased to $14.0 million for the 2025 Quarter from $19.6 million for the 2024 Quarter. During the 2025 Quarter, the Company continued to lease residential units and work on retail spaces at Twinbrook Quarter Phase I. As of November 3, 2025, 431 of the 452 (95.4%) residential units were leased and occupied. Concurren
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Sept. 23, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on October 31, 2025, to holders of record on October 15, 2025. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on October 15, 2025, t
- Saul Centers, Inc. Reports Second Quarter 2025 EarningsBETHESDA, Md., Aug. 7, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended June 30, 2025 ("2025 Quarter"). Total revenue for the 2025 Quarter increased to $70.8 million from $66.9 million for the quarter ended June 30, 2024 ("2024 Quarter"). Net income decreased to $14.2 million for the 2025 Quarter from $19.5 million for the 2024 Quarter. During the 2025 Quarter, the Company continued to lease residential units and work on retail spaces at Twinbrook Quarter Phase I. On June 25, 2025, Wegmans commenced operations, and as of August 4, 2025, 389 of the 452 (86.1%) residential units were leased
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., June 12, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 31, 2025, to holders of record on July 15, 2025. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on July 15, 2025, to holders
- Saul Centers, Inc. Reports First Quarter 2025 EarningsBETHESDA, Md., May 8, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2025 ("2025 Quarter"). Total revenue for the 2025 Quarter increased to $71.9 million from $66.7 million for the quarter ended March 31, 2024 ("2024 Quarter"). Net income decreased to $12.8 million for the 2025 Quarter from $18.3 million for the 2024 Quarter. During the 2025 Quarter, the Company continued to lease residential units and work on retail spaces at Twinbrook Quarter Phase I. As of May 5, 2025, 274 residential units have been leased and occupied. Concurrent with the initial delivery of Twinbrook Q
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., March 6, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on April 30, 2025, to holders of record on April 15, 2025. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on April 15, 2025, to hold
- Saul Centers, Inc. Reports Fourth Quarter 2024 EarningsBETHESDA, Md., Feb. 28, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended December 31, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $67.9 million from $66.7 million for the quarter ended December 31, 2023 ("2023 Quarter"). Net income decreased to $10.4 million for the 2024 Quarter from $17.5 million for the 2023 Quarter. On October 1, 2024, the Company delivered Twinbrook Quarter Phase 1, comprised of 452 apartment units, an 80,000 square foot Wegmans supermarket and approximately 25,000 square feet of small shop space adjacent to the Twinbrook Metro Station in Roc
- Saul Centers, Inc. Announces Tax Treatment of 2024 DividendsBETHESDA, Md., Jan. 23, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2024 dividends. During 2024, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.36 per common share. For tax purposes, 71.66% of the dividends ($1.69 per common share) are characterized as ordinary income and 28.34% of the dividends ($0.67 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2024, the Company declared and paid the follo
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Dec. 5, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on January 31, 2025, to holders of record on January 15, 2025. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on January 15, 2025, to
- Saul Centers, Inc. Reports Third Quarter 2024 EarningsBETHESDA, Md., Nov. 7, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended September 30, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $67.3 million from $63.8 million for the quarter ended September 30, 2023 ("2023 Quarter"). Net income increased to $19.6 million for the 2024 Quarter from $16.7 million for the 2023 Quarter primarily due to (a) higher base rent of $2.2 million, (b) higher lease termination fees of $0.6 million, (c) higher expense recoveries, net of expenses, of $0.2 million and (d) higher percentage rent of $0.1 million, partially offset by (e) higher
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Sept. 19, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on October 31, 2024, to holders of record on October 15, 2024. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on October 15, 2024,
- Saul Centers, Inc. Reports Second Quarter 2024 EarningsBETHESDA, Md., Aug. 1, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended June 30, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $66.9 million from $63.7 million for the quarter ended June 30, 2023 ("2023 Quarter"). Net income increased to $19.5 million for the 2024 Quarter from $17.2 million for the 2023 Quarter primarily due to (a) higher lease termination fees of $1.6 million, (b) higher commercial base rent of $0.8 million and (c) higher residential base rent of $0.3 million, partially offset by (d) a lease termination fee paid to a tenant of $0.3 million. Net in
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., June 20, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 31, 2024, to holders of record on July 15, 2024. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on July 15, 2024, to holders
- Saul Centers, Inc. Reports First Quarter 2024 EarningsBETHESDA, Md., May 2, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $66.7 million from $63.0 million for the quarter ended March 31, 2023 ("2023 Quarter"). Net income increased to $18.3 million for the 2024 Quarter from $17.7 million for the 2023 Quarter primarily due to (a) higher commercial base rent of $1.4 million and (b) higher residential base rent of $0.3 million, partially offset by (c) higher interest expense, net and amortization of deferred debt costs of $0.6 million and (d) higher general and ad
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., March 14, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on April 30, 2024, to holders of record on April 15, 2024. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on April 15, 2024, to hold
- Saul Centers, Inc. Reports Fourth Quarter 2023 EarningsBETHESDA, Md., Feb. 29, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2023 ("2023 Quarter"). Total revenue for the 2023 Quarter increased to $66.7 million from $62.3 million for the quarter ended December 31, 2022 ("2022 Quarter"). Net income increased to $17.5 million for the 2023 Quarter from $15.4 million for the 2022 Quarter. Net income for the 2023 Quarter increased compared to the 2022 Quarter due to (a) higher termination fees of $2.4 million and (b) higher base rent of $1.4 million, partially offset by (c) higher interest expense, net and amortization of deferre
- Saul Centers, Inc. Announces Tax Treatment of 2023 DividendsBETHESDA, Md., Jan. 19, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2023 dividends. During 2023, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.36 per share. For tax purposes, 74.2% of the dividends ($1.75 per common share) are characterized as ordinary income, while 25.8% of the dividends ($0.61 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2023, the Company declared and paid the following d
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Dec. 7, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on January 31, 2024, to holders of record on January 16, 2024. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on January 16, 2024, to
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Sept. 21, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on October 31, 2023, to holders of record on October 16, 2023. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on October 16, 2023,
- Saul Centers, Inc. Reports Second Quarter 2023 EarningsBETHESDA, Md., Aug. 3, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended June 30, 2023 ("2023 Quarter"). Total revenue for the 2023 Quarter increased to $63.7 million from $60.3 million for the quarter ended June 30, 2022 ("2022 Quarter"). Net income increased to $17.2 million for the 2023 Quarter from $17.0 million for the 2022 Quarter primarily due to (a) higher commercial base rent of $1.3 million, (b) higher residential base rent of $0.8 million and (c) higher lease termination fees of $0.5 million, partially offset by (d) higher interest expense, net and amortization of deferred debt c
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., June 22, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 31, 2023, to holders of record on July 17, 2023. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on July 17, 2023, to holders
- Saul Centers, Inc. Reports First Quarter 2023 EarningsBETHESDA, Md., May 4, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended March 31, 2023 ("2023 Quarter"). Total revenue for the 2023 Quarter increased to $63.0 million from $62.1 million for the quarter ended March 31, 2022 ("2022 Quarter"). Net income increased to $17.7 million for the 2023 Quarter from $17.5 million for the 2022 Quarter primarily due to (a) higher base rent at The Waycroft of $0.8 million, (b) higher base rent across the portfolio, exclusive of The Waycroft, of $0.8 million, (c) lower depreciation and amortization of deferred leasing costs of $0.3 million, partially of
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., March 9, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on April 28, 2023, to holders of record on April 17, 2023. The common dividend is unchanged from the amount paid in the previous quarter and represents a $0.02 per share (3.51%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred
- Saul Centers, Inc. Reports Fourth Quarter 2022 EarningsBETHESDA, Md., March 2, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2022 ("2022 Quarter"). Total revenue for the 2022 Quarter increased to $62.3 million from $60.2 million for the quarter ended December 31, 2021 ("2021 Quarter"). Net income decreased to $15.4 million for the 2022 Quarter from $15.9 million for the 2021 Quarter. Net income for the 2022 Quarter decreased compared to the 2021 Quarter due to (a) higher interest expense, net and amortization of deferred debt costs of $0.9 million, primarily due to higher interest rates and (b) lower expense recovery income
- Saul Centers, Inc. Announces Tax Treatment of 2022 DividendsBETHESDA, Md., Jan. 19, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2022 dividends. During 2022, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.32 per share. For tax purposes, 56.8% of the dividends ($1.32 per common share) are characterized as ordinary income, while 43.2% of the dividends ($1.00 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2022, the Company declared and paid the following di
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Dec. 9, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on January 31, 2023, to holders of record on January 17, 2023. The common dividend is unchanged from the amount paid in the previous quarter and represents a $0.02 per share (3.51%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferr
- Saul Centers, Inc. Reports Third Quarter 2022 EarningsBETHESDA, Md., Nov. 8, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended September 30, 2022 ("2022 Quarter"). Total revenue for the 2022 Quarter increased to $61.1 million from $60.3 million for the quarter ended September 30, 2021 ("2021 Quarter"). Net income decreased to $15.5 million for the 2022 Quarter from $16.9 million for the 2021 Quarter primarily due to (a) higher general and administrative expenses of $0.9 million, (b) loss on early extinguishment of debt of $0.6 million, (c) lower recovery income, net of expenses of $0.3 million, partially offset by (d) higher base rent acro
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Sept. 22, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on October 31, 2022, to holders of record on October 17, 2022. The common dividend is unchanged from the amount paid in the previous quarter and represents a $0.04 per share (7.27%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The prefe
- Saul Centers, Inc. Reports Second Quarter 2022 EarningsBETHESDA, Md., Aug. 4, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended June 30, 2022 ("2022 Quarter"). Total revenue for the 2022 Quarter increased to $60.3 million from $60.0 million for the quarter ended June 30, 2021 ("2021 Quarter"). Net income increased to $17.0 million for the 2022 Quarter from $16.1 million for the 2021 Quarter primarily due to (a) higher capitalized interest ($0.8 million), primarily due to the Twinbrook Quarter development project, (b) higher base rent at The Waycroft ($0.5 million), (c) lower depreciation and amortization of lease costs ($0.3 million), (d)
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., June 23, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 29, 2022, to holders of record on July 15, 2022. The common dividend represents a $0.02 per share (3.51%) increase over the amount paid in the previous quarter and a $0.04 per share (7.27%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary
- Saul Centers, Inc. Reports First Quarter 2022 EarningsBETHESDA, Md., May 5, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended March 31, 2022 ("2022 Quarter"). Total revenue for the 2022 Quarter increased to $62.1 million from $58.7 million for the quarter ended March 31, 2021 ("2021 Quarter"). Net income increased to $17.5 million for the 2022 Quarter from $12.8 million for the 2021 Quarter primarily due to (a) lower credit losses on operating lease receivables and corresponding reserves (collectively, $1.2 million), (b) higher capitalized interest ($1.1 million), primarily due to the Twinbrook Quarter development project, (c) higher base
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Mach 9, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.57 per share on its common stock, to be paid on April 29, 2022, to holders of record on April 15, 2022. The common dividend is unchanged from the amount paid in the previous quarter and represents a $0.04 per share (7.55%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred
- Saul Centers, Inc. Reports Fourth Quarter 2021 EarningsBETHESDA, Md., Feb. 24, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2021 ("2021 Quarter"). Total revenue for the 2021 Quarter increased to $60.2 million from $58.3 million for the quarter ended December 31, 2020 ("2020 Quarter"). Net income increased to $15.9 million for the 2021 Quarter from $11.7 million for the 2020 Quarter. The Waycroft mixed-use development opened in April 2020 and, as of December 31, 2021, was 97.1% leased. Concurrent with the opening in April 2020, interest, real estate taxes and all other costs associated with the residential portion of the pro
- Saul Centers, Inc. Announces Tax Treatment of 2021 DividendsBETHESDA, Md., Jan. 20, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2021 dividends. During 2021, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.16 per share. For tax purposes, 69.07% of the dividends ($1.49 per common share) are characterized as ordinary income, while 30.93% of the dividends ($0.67 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2021, the Company declared and paid the following
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Dec. 9, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.57 per share on its common stock, to be paid on January 31, 2022, to holders of record on January 14, 2022. The common dividend represents a $0.02 per share (3.64%) increase over the amount paid in the previous quarter, and a $0.04 per share (7.55%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depo
- Saul Centers, Inc. Reports Third Quarter 2021 EarningsBETHESDA, Md., Nov. 4, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended September 30, 2021 ("2021 Quarter"). Total revenue for the 2021 Quarter increased to $60.3 million from $56.8 million for the quarter ended September 30, 2020 ("2020 Quarter"). Net income increased to $16.9 million for the 2021 Quarter from $11.6 million for the 2020 Quarter. The Waycroft mixed-use development opened in April 2020 and, as of September 30, 2021, was 98% leased. Concurrent with the opening in April 2020, interest, real estate taxes and all other costs associated with the residential portion of the p
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., Sept. 23, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.55 per share on its common stock, to be paid on October 29, 2021, to holders of record on October 15, 2021. The common dividend is the same as the amount paid in the previous quarter and represents a $0.02 per share (3.77%) increase over the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferre
- Saul Centers, Inc. Reports Second Quarter 2021 EarningsBETHESDA, Md., Aug. 5, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended June 30, 2021 ("2021 Quarter"). Total revenue for the 2021 Quarter increased to $60.0 million from $53.2 million for the quarter ended June 30, 2020 ("2020 Quarter"). Net income increased to $16.1 million for the 2021 Quarter from $10.2 million for the 2020 Quarter. The Waycroft mixed-use development opened in April 2020 and, as of June 30, 2021, was 99% leased. Concurrent with the opening in April 2020, interest, real estate taxes and all other costs associated with the residential portion of the property, includ
- Saul Centers Declares Quarterly DividendsBETHESDA, Md., June 25, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS) has declared a quarterly dividend of $0.55 per share on its common stock, to be paid on July 30, 2021, to holders of record on July 16, 2021. The common dividend represents a $0.02 per share (3.77%) increase over the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be
- Saul Centers, Inc. Reports First Quarter 2021 EarningsBETHESDA, Md., May 6, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE:BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended March 31, 2021 ("2021 Quarter"). Total revenue for the 2021 Quarter increased to $58.7 million from $56.9 million for the quarter ended March 31, 2020 ("2020 Quarter"). Net income decreased to $12.8 million for the 2021 Quarter from $16.8 million for the 2020 Quarter. The Waycroft mixed-use development opened in April 2020 and, as of May 4, 2021, applications have been received for 485 residential leases, approximately 99% of the available units, and 478 units were occupied. Concurrent with the opening in April 202
- Saul Centers Declares Quarterly Dividends and Provides Business UpdatesBETHESDA, Md., March 11, 2021 /PRNewswire/ -- On March 11, 2021, Saul Centers, Inc. (the "Company,"NYSE: BFS) declared a quarterly dividend of $0.53 per share on its common stock, to be paid April 30, 2021, to holders of record as of April 15, 2021. The dividend on the common stock is the same as the amount paid in the previous quarter and the prior year's comparable quarter. The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock in the amount of $0.3750000 per depositary share. The dividends on the preferred stock will b
- Saul Centers, Inc. Reports Fourth Quarter 2020 EarningsBETHESDA, Md., Feb. 25, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2020 ("2020 Quarter"). Total revenue for the 2020 Quarter increased to $58.3 million from $56.6 million for the quarter ended December 31, 2019 ("2019 Quarter"). Net income decreased to $11.7 million for the 2020 Quarter from $15.0 million for the 2019 Quarter. In the first week of April, the Company delivered The Waycroft, comprised of 491 apartment units and 60,000 square feet of retail space, on North Glebe Road, in Arlington, Virginia. As of February 23, 2021, despite the headwinds of COVID-19, 431
- Saul Centers, Inc. Announces Tax Treatment of 2020 DividendsBETHESDA, Md., Jan. 19, 2021 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2020 dividends. During 2020, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.12 per share. For tax purposes, 67.3% of the dividends ($1.43 per common share) are characterized as ordinary income, while 32.7% of the dividends ($0.69 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends. During 2020, the Company declared and paid the follo