HOUSTON -- (Business Wire)
The Board of Trustees of Whitestone REIT (NYSE: WSR – “Whitestone”),
a fully integrated real estate company that owns, operates and
redevelops Community Centered PropertiesTM announced today
that The Board of Trustees ofWhitestone REITauthorized
the Company’s quarterly cash dividend of $0.285 per common share and
Operating Partnership (“OP”) unit.
Whitestone declares quarterly distributions to holders of its common
shares and OP units, which are payable monthly in three installments of
$0.095 per common share and OP unit. The record and payment dates for
the first quarter 2014 period are shown in the following table:
|
|
|
| Month |
|
|
|
| Record Date |
|
|
|
| Payment Date |
| | | |
January
| | | | |
1/6/2014
| | | | |
1/13/2014
|
| | | |
February
| | | | |
2/3/2014
| | | | |
2/10/2014
|
| | | |
March
| | | | |
3/3/2014
| | | | |
3/10/2014
|
The Company also announced that it plans to begin providing financial
guidance in 2014. Whitestone expects to issue its year end 2013 Earnings
Release in late February 2014 and provide annual 2014 financial guidance
at that time.
About Whitestone REIT
Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment
trust that owns, operates and redevelops Community Centered PropertiesTM.
Whitestone focuses on value creation in its community centers and has a
diversified tenant base comprised of grocery, dining, medical,
education, as well as a dynamic mix of local services. Founded in 1998,
the Company is internally managed with a portfolio of 59 commercial
properties in Texas, Arizona, and Illinois. For additional information
about the Company, please visit www.whitestonereit.com.
Forward-Looking Statements
Statements included herein that state the Company's or management's
intentions, hopes, beliefs, expectations or predictions of the future
are "forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995, which by their nature, involve
known and unknown risks and uncertainties. The Company's actual results,
performance or achievements could differ materially from those expressed
or implied by these statements. Reference is made to the Company's
regulatory filings with the Securities and Exchange Commission for
information or factors that may impact the Company's performance.
Contacts:
Whitestone REIT:
Suzy Taylor, 713-435-2219
Director of
Investor Relations
STaylor@WhitestoneREIT.com
Source: Whitestone REIT
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