Board of Trustees of Whitestone REIT has declared a quarterly cash dividend
OREANDA-NEWS. Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a quarterly cash dividend for the 2016 fourth quarter of 28.5 cents per share on the Company’s common stock and Operating Partnership units. The fourth quarter dividend will be paid in three installments of 9.5 cents each in October, November and December. The record and payment dates for the fourth quarter period are as follows:
Month | Record Date | Payment Date | ||||||||||||||||||||
October | 10/3/2016 | 10/12/2016 | ||||||||||||||||||||
November | 11/1/2016 | 11/11/2016 | ||||||||||||||||||||
December | 12/1/2016 | 12/9/2016 |
About Whitestone REIT
Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust (“REIT”) that acquires, owns, manages, develops and redevelops high quality “internet-resistant” neighborhood, community and lifestyle retail centers. Whitestone’s 69 properties are principally located in Austin, Dallas-Fort Worth, Houston, San Antonio and Phoenix, which are among the fastest-growing markets in the country with highly educated workforces, high household incomes and strong job growth. The Company’s strategy is to target shifting consumer behavior and purchasing patterns by creating a complementary mix of grocery, dining, health and wellness, education, services, entertainment and specialty retail in its properties. Whitestone’s national, regional and local tenants provide daily necessities, needed services and convenience to the community which are not readily available online.
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