Bedford Property Investors Announces Fourth Quarter 2002 Dividend.Business Editors LAFAYETTE, Calif.--(BUSINESS WIRE)--Dec. 12, 2002 Bedford Property Investors, Inc. (NYSE NYSE See: New York Stock Exchange :BED) today announced its fourth quarter 2002 dividend of $0.50 per share. The Board of Directors declared a dividend of $0.50 per share for the fourth quarter of 2002. The dividend is payable January 15, 2003 to stockholders of record as of December 31, 2002. This represents an increase of $0.02 (4%) over the dividend declared for the fourth quarter of 2001. Bedford Property Investors is a self-administered equity real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) with investments in suburban office buildings and industrial properties concentrated in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . It is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Pacific Exchange under the symbol "BED" and its web site is www.bedfordproperty.com. |
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