First Potomac Realty Trust (NYSE: FPO), a leading owner of office and industrial properties in the greater Washington, D.C. region, today announced that its Board of Trustees has declared a dividend of $0.20 per common share for the Company’s first quarter ended March 31, 2012. The dividend, which equates to an annualized rate of $0.80 per share, is payable on May 11, 2012, to common shareholders of record on May 4, 2012.
The Board of Trustees has also declared a dividend of $0.484375 per share on the Company’s Series A Preferred Shares, payable on May 15, 2012, to Series A preferred shareholders of record on May 4, 2012.
About First Potomac Realty Trust
First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, operating, developing and redeveloping office and industrial properties in the greater Washington, D.C. region. As of March 31, 2012, the company's portfolio totaled over 14 million square feet and consisted of 42 percent office, 37 percent business parks, and 21 percent industrial properties. FPO shares are publicly traded on the New York Stock Exchange
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