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 $0.20 per common share for the Company’s third quarter ended September 30, 2011. The dividend, which equates to an annualized rate of $0.80 per share, is payable on November 11, 2011 to common shareholders of record on November 4, 2011.
The Board of Trustees has also declared a dividend of $0.484375 per share on the Company’s Series A Preferred Shares, payable on November 15, 2011 to Series A preferred shareholders of record on November 4, 2011.
About First Potomac Realty Trust
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. As of June 30, 2011, the Company's portfolio totaled over 14 million square feet. Its portfolio consists of 38% business parks, 39% office and office parks, and 23% industrial properties. FPO shares are publicly traded on the New York Stock Exchange (NYSE:FPO). For more information, please visit www.first-potomac.com.