Government Properties Income Trust (NYSE:GOV), a real estate investment trust (or "REIT") that owns properties leased by the U.S. federal and state governments, plans to keep its quarterly dividend steady.
The REIT will be paying $0.43 per share of common stock, and has paid the same amount to investors since upping its payout from $0.42 per share in November 2012. Government Properties Income Trust's latest dividend will be payable on November 22 to shareholders of record as of October 25.
Annualized, this REIT's quarterly payout adds to $1.72 per share. The company's stock was trading at $23.66 as of the market's close on Oct. 8, which means the company currently has a 7.2% dividend yield.
Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.