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Saul Centers declares quarterly dividend of 36c

Saul Centers declares quarterly dividend of 36 cents per common share

Saul Centers Inc. declared a quarterly dividend of 36 cents per common share. The dividend will be paid on April 30, 2010 to shareholders of record on April 16, 2010.

The real estate investment trust also declared a quarterly dividend of 50 cents per depository share for its 8 percent Series A cumulative redeemable preferred stock and a quarterly dividend of 56.25 cents per depository share for its 9 percent Series B cumulative redeemable preferred stock.

Both referred dividends will be paid April 15, 2010 to holders of record on April 1, 2010.

Shares of Saul Centers were down 11 cents, or 0.3 percent, at $38.87.

AP News |