Saul Centers, Inc. (NYSE:BFS) Plans $0.55 Quarterly Dividend

Saul Centers, Inc. (NYSE:BFS) announced a quarterly dividend on Thursday, September 23rd, Zacks reports. Investors of record on Friday, October 15th will be given a dividend of 0.55 per share by the real estate investment trust on Friday, October 29th. This represents a $2.20 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date of this dividend is Thursday, October 14th.

Saul Centers has increased its dividend payment by 3.9% over the last three years and has increased its dividend every year for the last 1 years.

Shares of BFS opened at $46.79 on Wednesday. Saul Centers has a 52-week low of $24.09 and a 52-week high of $47.83. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 3.29. The firm’s fifty day moving average is $45.29 and its two-hundred day moving average is $44.28. The stock has a market cap of $1.10 billion, a PE ratio of 35.99 and a beta of 1.15.

BFS has been the topic of several recent research reports. Raymond James boosted their price target on shares of Saul Centers from $46.00 to $51.00 and gave the company an “outperform” rating in a research report on Thursday, June 17th. Zacks Investment Research raised shares of Saul Centers from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research report on Tuesday, October 5th.

Saul Centers Company Profile

Saul Centers, Inc is a real estate investment trust, which engages inthe ownership, management, and development of income producing properties. It operates through the Shopping Centers and Mixed-Use Properties business segments. The Shopping Centers segment consists community and neighborhood shopping centers which are anchored by supermarkets, discount department stores, and drug stores.

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Dividend History for Saul Centers (NYSE:BFS)

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