Federal REIT sets a $1.16 quarterly payout, marking a 2.7% increase from the previous $1.13 dividend.
Federal REIT announced a quarterly dividend of $1.16 per share, up 2.7% from the prior $1.13 payout. The forward yield stands at 3.68%.
The increase follows a consistent dividend growth pattern, with the prior dividend also reflecting steady upward adjustments. The last comparable period saw a similar incremental rise.
The dividend is payable October 15 to shareholders of record as of October 1, with an ex-dividend date of October 1.