NEWTON, Mass.--(BUSINESS WIRE)--
Government Properties Income Trust (NYSE: GOV) today announced a 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 October 23, 2015
and distributed on or about November 23, 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
GOV’S RECEIPT OF DISTRIBUTIONS FROM ITS EQUITY INVESTMENT IN SELECT
INCOME REIT 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 REGARDING 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.
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Source: Government Properties Income Trust