BETHESDA, Md., Dec. 9, 2016 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.51 per share on its common stock, to be paid January 31, 2017 to holders of record on January 17, 2017. The common dividend represents a $0.04 (8.5%) increase over the amount paid in the previous quarter. Furthermore, the common dividend represents an $0.08 (18.6%) increase over the amount paid in the prior year's comparable quarter.
The Company also declared the quarterly dividend for its 6.875% Series C Cumulative Redeemable Preferred Stock in the amount of $0.4296875 per depositary share. The preferred dividend will be paid January 13, 2017 to holders of record on January 6, 2017.