BioMed Realty Trust Inc. announced March 15 that its board of directors has declared a first-quarter 2012 dividend of 21.5 cents per share of common stock. That represents a 7.5 percent increase from the fourth quarter of 2011’s 20-cent-per-share dividend, according to a statement from the San Diego-based investment firm.
The company also announced a dividend of just over 46 cents per share of its 7.3 percent Series A cumulative redeemable preferred stock, for the period of Jan. 16 through April 15. Both dividends are payable April 16 to stockholders of record as of March 30.
BioMed, with headquarters in Rancho Bernardo, is a real estate investment trust focused on life sciences properties. The company trades under the symbol BMR on the New York Stock Exchange.
— Lou Hirsh
