Government Properties Income Trust (NYSE:GOV) today announced its
regular quarterly common share distribution of $0.43 per common share
($1.72 per share per year). This distribution will be paid to GOV’s
common shareholders of record as of the close of business on April 24,
2015 and distributed on or about May 25, 2015.
Government Properties Income Trust is a real estate investment trust, or
REIT, which owns properties leased primarily to the U.S. Government and
state governments located throughout the United States. GOV is
headquartered in Newton, MA.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE
MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND
OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON
GOV’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE STATEMENTS AND THE
IMPLICATIONS OF THESE STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT
OCCUR FOR VARIOUS REASONS, SOME OF WHICH ARE BEYOND GOV’S CONTROL. FOR
EXAMPLE, THIS PRESS RELEASE STATES THAT GOV’S DIVIDEND RATE WILL BE
$0.43/SHARE PER QUARTER OR $1.72/SHARE PER YEAR. A POSSIBLE IMPLICATION
OF THIS STATEMENT IS THAT GOV WILL CONTINUOUSLY PAY QUARTERLY DIVIDENDS
OF $0.43/SHARE PER QUARTER OR $1.72/SHARE PER YEAR IN THE FUTURE. GOV’S
DIVIDEND RATES ARE SET AND RESET FROM TIME TO TIME BY GOV’S BOARD OF
TRUSTEES. THE GOV BOARD CONSIDERS MANY FACTORS WHEN SETTING DIVIDEND
RATES INCLUDING GOV’S HISTORICAL AND PROJECTED INCOME, NORMALIZED FUNDS
FROM OPERATIONS, THE THEN CURRENT AND EXPECTED NEEDS AND AVAILABILITY OF
CASH TO PAY GOV’S OBLIGATIONS, DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE
PAID TO MAINTAIN GOV’S TAX STATUS AS A REAL ESTATE INVESTMENT TRUST AND
OTHER FACTORS DEEMED RELEVANT BY GOV’S BOARD OF TRUSTEES IN THEIR
DISCRETION. ACCORDINGLY, FUTURE DIVIDEND RATES MAY BE INCREASED OR
DECREASED AND THERE IS NO ASSURANCE AS TO THE RATE AT WHICH FUTURE
DIVIDENDS WILL BE PAID. FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE
CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with transferable shares of
beneficial interest listed on the New York Stock Exchange.
No shareholder, Trustee or officer is personally liable for any act
or obligation of the Trust.
Copyright Business Wire 2015