COPT Defense Properties (NYSE:CDP) Shareholders to Get $0.32 Quarterly Dividend

COPT Defense Properties (NYSE:CDP) announced a quarterly dividend on Thursday, November 12th. Investors of record on Thursday, December 31st will be given a dividend of $0.32 per share on Friday, January 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, December 31st.

COPT Defense Properties Price Performance

CDP stock opened at $32.65 on Friday. COPT Defense Properties has a 52 week low of $27.06 and a 52 week high of $38.90. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 1.62. The company has a fifty day simple moving average of $33.80 and a two-hundred day simple moving average of $33.70. The firm has a market capitalization of $3.70 billion, a P/E ratio of 11.73 and a beta of 0.79.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. The business had revenue of $208.76 million during the quarter, compared to analysts’ expectations of $190.43 million. COPT Defense Properties had a net margin of 21.17% and a return on equity of 10.80%. Analysts anticipate that COPT Defense Properties will post 2.79 earnings per share for the current fiscal year.

COPT Defense Properties Company Profile

COPT Defense Properties is a real estate investment trust that owns, operates and develops properties primarily for tenants in the U.S. defense, intelligence and information technology sectors. Its portfolio includes office and other mission-critical facilities designed to support government agencies and the contractors and technology companies that serve them. The company’s properties are concentrated in locations with significant defense and government activity, including the greater Washington, D.C., region and other U.S. markets.