Saul Centers Declares Quarterly Preferred Stock Dividends
BETHESDA, Md., Feb. 13, 2013 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared the quarterly dividends for its 8% Series A Cumulative Redeemable Preferred Stock in the amount of $0.50 per depositary share, 9% Series B Cumulative Redeemable Preferred Stock in the amount of $0.5625 per depositary share and 6.875% Series C Cumulative Redeemable Preferred Stock in the amount of $0.4297 per depositary share. The preferred dividends will be paid April 15, 2013 to holders of record on April 5, 2013.
Saul Centers is a self-managed, self-administered equity real estate investment trust headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio of 59 community and neighborhood shopping center and office/mixed-use properties totaling approximately 9.5 million square feet of leasable area. Over 85% of the Company's cash flow is generated from properties in the metropolitan Washington, DC/Baltimore area.
More information about Saul Centers is available on the Company's website at www.saulcenters.com.
SOURCE Saul Centers, Inc.