Quality counts at Wells.Wells Real Estate Investment Trust II Board of Directors affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. the company's current dividend rate of an amount equal to a 6.0% annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. return on a $10 investment per share for the third quarter of 2004. Third quarter dividends are to be paid in September 2004 to shareholders of record each day from June 16, 2004, through September 15, 2004. "The Board's action reflects the quality that is inherent in both our properties and in our creditworthy cred·it·wor·thy adj. Having an acceptable credit rating. cred  it·wor tenants," said Dr. Ron Ford, Chief of Financial Strategy at Wells Real Estate Funds. "Wells REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). II continues to offer its investors the kind of diversification that's important to their financial portfolio." |
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