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News and Information Article
BETHESDA, Md., March 10 /-FirstCall/ -- Saul Centers, Inc.
(NYSE: BFS) has declared a quarterly dividend of $0.42 per share on its common
stock, to be paid April 28, 2006 to holders of record on April 13, 2006. The
dividend represents a $0.03 per share increase (7.7%) over the amount paid in
the prior years comparable quarter. The Company also declared the quarterly
dividend for its 8% Series A Cumulative Redeemable Preferred Stock in the
amount of $0.50 per depositary share. The dividend will be paid April 13,
2006 to holders of record on April 3, 2006.
Saul Centers is a self-managed, self-administered equity real estate
investment trust headquartered in Bethesda, Maryland. Saul Centers currently
operates and manages a real estate portfolio of 45 community and neighborhood
shopping center and office properties totaling approximately 7.6 million
square feet of leasable area. Over 80% of the Companys cash flow is
generated from properties in the metropolitan Washington, DC/Baltimore area.
More information about Saul Centers is available on the Companys website
at http://www.saulcenters.com.
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