Corporate Office Properties Trust Declares Second Quarter 2002 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)--May 17, 2002 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 second quarter 2002. The dividend will be paid on July July: see month. 15, 2002 to shareholders of record on June 28, 2002. The Board of Trustees declared a dividend for the period commencing April 15, 2002 and ending July 14, 2002 of $0.625 per Series B Cumulative Redeemable Redeemable Eligible for redemption under the terms of an indenture. Preferred Share of beneficial interest of the Company, payable on July 15, 2002 to shareholders of record on June 28, 2002. The Board of Trustees declared a dividend for the period commencing April 15, 2002 and ending July 14, 2002 of $0.25 per Series D Cumulative Convertible Preferred Share of beneficial interest of the Company, payable on July 15, 2002 to shareholders of record on June 28, 2002. The Board of Trustees declared a dividend for the period commencing April 15, 2002 and ending July 14, 2002 of $0.6406 per Series E Cumulative Redeemable Preferred Share of beneficial interest of the Company, payable on July 15, 2002 to shareholders of record on June 28, 2002. The Board of Trustees declared a dividend for the period commencing April 15, 2002 and ending July 14, 2002 of $0.6172 per Series F Cumulative Redeemable Preferred Share of beneficial interest of the Company, payable on July 15, 2002 to shareholders of record on June 28, 2002. 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 105 office properties totaling 8.0 million rentable square feet. 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. The Company's shares are 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. under the symbol OFC. 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 judgment 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. Website www.copt.com |
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