Corporate Office Properties Trust Declares Fourth Quarter 2001 Dividends.Business Editors COLUMBIA Columbia, cities, United States Columbia (kəlŭm`bēə). 1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore. , Md.--(BUSINESS WIRE)--Dec. 10, 2001 Corporate Office Properties Trust Corporate Office Properties Trust Inc. (COPT) (NYSE: OFC) is a publicly-traded real estate investment trust (REIT) corporation that specializes in office development, and describes itself as "a fully integrated, self-managed real estate investment trust that focuses on the (NYSE NYSE See: New York Stock Exchange :OFC OFC Office OFC Officer OFC Of Course OFC Oxygen Free Copper OFC Oceania Football Confederation (soccer) OFC Optical Fiber Cable OFC Optical Fiber Communications OFC Optical Fiber Conference ) announced today that its Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. has declared a quarterly dividend of $0.21 per Common Share of beneficial interest for the fourth quarter 2001. The dividend will be paid on January January: see month. 15, 2002 to shareholders of record on December December: see month. 31, 2001. The Board of Trustees declared a dividend for the quarter ending December 31, 2001 of $0.34375 per Series A Convertible Preferred Share of the Company, payable on January 15, 2002 to shareholders of record on December 31, 2001. The Board of Trustees declared a dividend for the period commencing October 15, 2001 and ending January 14, 2002 of $0.625 per Series B Cumulative Redeemable Redeemable Eligible for redemption under the terms of an indenture. Preferred Share of the Company, payable on January 15, 2002 to shareholders of record on December 31, 2001. The Board of Trustees declared a dividend for the period commencing October 15, 2001 and ending January 14, 2002 of $0.25 per Series D Convertible Preferred Share of the Company, payable on January 15, 2002 to shareholders of record on December 31, 2001. The Board of Trustees declared a dividend for the period commencing October 15, 2001 and ending January 14, 2002 of $0.6406 per Series E Cumulative Redeemable Preferred Share of the Company, payable on January 15, 2002 to shareholders of record on December 31, 2001. The Board of Trustees declared a dividend for the period commencing October 15, 2001 and ending January 14, 2002 of $0.6172 per Series F Cumulative Redeemable Preferred Share of the Company, payable on January 15, 2002 to shareholders of record on December 31, 2001. Company Information Corporate Office Properties Trust is a fully-integrated, self-managed real estate investment trust which focuses on the ownership, management, leasing, acquisition and development of suburban office properties located in select Mid-Atlantic submarkets. The Company currently owns 98 office properties totaling 7.8 million rentable square feet including two properties held through joint ventures. Corporate Development Services, the Company's development company, provides a wide range of development and construction management services. In addition, Corporate Office Services provides land planning, design/build services, consulting and merchant development to third-party entities. More information on Corporate Office Properties Trust can be found on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at www.copt.com. Forward-Looking Information This press release contains forward-looking information based upon the Company's current best judgement and expectations. Actual results could vary from those presented herein. The risks and uncertainties associated with the forward-looking information include the strength of the commercial office real estate market in which the Company operates, competitive market conditions, general economic growth, interest rates and capital market conditions. For further information, please refer to the Company's filings with the Securities and Exchange Commission. |
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