- Declares Preferred Stock Dividend -
SAN DIEGO, Calif., March 17 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc. (NYSE: BMR) today announced that its board of directors has declared a first quarter 2008 dividend of $0.335 per share of common stock, an 8.1% increase over the company's previous quarterly dividend of $0.31 per share. The increased dividend is equivalent to an annualized dividend of $1.34 per common share.
BioMed also announced that its board of directors has declared a dividend of $0.46094 per share of the company's 7.375% Series A Cumulative Redeemable Preferred Stock for the period from January 16, 2008 through April 15, 2008.
The dividends are payable on April 15, 2008 to stockholders of record at the close of business on March 31, 2008.
About BioMed Realty Trust
BioMed Realty Trust, Inc. is a real estate investment trust (REIT)
focused on Providing Real Estate to the Life Science Industry(R). The
company's tenants primarily include biotechnology and pharmaceutical
companies, scientific research institutions, government agencies and other
entities involved in the life science industry. BioMed Realty Trust owns or
has interests in 68 properties, representing 104 buildings with
approximately 8.5 million rentable square feet, as well as approximately
1.9 million square feet of development in progress. These properties are
located predominantly in the major U.S. life science markets of Boston, San
Diego, San Francisco, Seattle, Maryland, Pennsylvania and New York/New
Jersey, which have well-established reputations as centers for scientific
research. Additional information is available at http://www.biomedrealty.com.
|SOURCE BioMed Realty Trust, Inc.|
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