Saul Centers Inc Declares Quarterly Dividend of $0.51 (BFS)

Saul Centers Inc (NYSE:BFS) announced a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, April 14th will be given a dividend of 0.51 per share on Friday, April 28th. This represents a $2.04 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, April 11th.

Shares of Saul Centers (NYSE:BFS) opened at 62.76 on Tuesday. Saul Centers has a 1-year low of $50.31 and a 1-year high of $68.75. The firm has a market capitalization of $1.35 billion, a PE ratio of 41.29 and a beta of 0.72. The firm has a 50-day moving average of $63.60 and a 200-day moving average of $64.29.

Dividend History for Saul Centers (NYSE:BFS)

In related news, Director Philip D. Caraci sold 7,500 shares of the business’s stock in a transaction on Wednesday, January 4th. The stock was sold at an average price of $66.19, for a total transaction of $496,425.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 50.80% of the company’s stock.

Separately, Zacks Investment Research upgraded Saul Centers from a “sell” rating to a “hold” rating in a research note on Monday, January 2nd.

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About Saul Centers

Saul Centers, Inc (Saul Centers) operates as a real estate investment trust (REIT). The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates in two segments: Shopping Centers and Mixed-Use Properties. The Company conducts its business through Saul Holdings Limited Partnership and/or directly or indirectly owned subsidiaries.

5 Day Chart for NYSE:BFS

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