COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (IT) related activities servicing what the Company believes are growing, durable, priority missions (Defense/IT Locations). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.
COPT Defense Properties Dividend Announcement
• COPT Defense Properties announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2024-12-31
• COPT Defense Properties annual dividend for 2024 was $1.18
• COPT Defense Properties annual dividend for 2023 was $1.14
• COPT Defense Properties's trailing twelve-month (TTM) dividend yield is 3.54%
• COPT Defense Properties's payout ratio for the trailing twelve months (TTM) is 95.06%
• COPT Defense Properties's dividend growth over the last five years (2018-2023) was 0.72% year
• COPT Defense Properties's dividend growth over the last ten years (2013-2023) was 0.36% year
COPT Defense Properties Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.29 | quarterly | 2025-01-15 |
2024-09-30 | $0.29 | quarterly | 2024-10-17 |
2024-06-28 | $0.29 | quarterly | 2024-07-17 |
2024-03-27 | $0.29 | quarterly | 2024-04-17 |
2023-12-28 | $0.28 | quarterly | 2024-01-18 |
2023-09-28 | $0.28 | quarterly | 2023-10-16 |
2023-06-29 | $0.28 | quarterly | 2023-07-17 |
2023-03-30 | $0.28 | quarterly | 2023-04-17 |
2022-12-29 | $0.28 | quarterly | 2023-01-17 |
2022-09-29 | $0.28 | quarterly | 2022-10-17 |
2022-06-29 | $0.28 | quarterly | 2022-07-15 |
2022-03-30 | $0.28 | quarterly | 2022-04-15 |
2021-12-31 | $0.28 | quarterly | 2022-01-18 |
2021-09-29 | $0.28 | quarterly | 2021-10-15 |
2021-06-29 | $0.28 | quarterly | 2021-07-15 |
2021-03-30 | $0.28 | quarterly | 2021-04-15 |
2020-12-30 | $0.28 | quarterly | 2021-01-15 |
2020-09-29 | $0.28 | quarterly | 2020-10-15 |
2020-06-29 | $0.28 | quarterly | 2020-07-15 |
2020-03-30 | $0.28 | quarterly | 2020-04-15 |
2019-12-30 | $0.28 | quarterly | 2020-01-15 |
2019-09-27 | $0.28 | quarterly | 2019-10-15 |
2019-06-27 | $0.28 | quarterly | 2019-07-15 |
2019-03-28 | $0.28 | quarterly | 2019-04-15 |
2018-12-28 | $0.28 | quarterly | 2019-01-15 |
2018-09-27 | $0.28 | quarterly | 2018-10-15 |
2018-06-28 | $0.28 | quarterly | 2018-07-16 |
2018-03-28 | $0.28 | quarterly | 2018-04-16 |
2017-12-28 | $0.28 | quarterly | 2018-01-16 |
2017-09-28 | $0.28 | quarterly | 2017-10-16 |
2017-06-28 | $0.28 | quarterly | 2017-07-17 |
2017-03-29 | $0.28 | quarterly | 2017-04-17 |
2016-12-28 | $0.28 | quarterly | |
2016-09-28 | $0.28 | quarterly | |
2016-06-28 | $0.28 | quarterly | |
2016-03-29 | $0.28 | quarterly | |
2015-12-29 | $0.28 | quarterly | |
2015-09-28 | $0.28 | quarterly | |
2015-06-26 | $0.28 | quarterly | |
2015-03-27 | $0.28 | quarterly | |
2014-12-29 | $0.28 | quarterly | |
2014-09-26 | $0.28 | quarterly | |
2014-06-26 | $0.28 | quarterly | |
2014-03-27 | $0.28 | quarterly | |
2013-12-27 | $0.28 | quarterly | |
2013-09-26 | $0.28 | quarterly | |
2013-06-26 | $0.28 | quarterly | |
2013-03-26 | $0.28 | quarterly |
COPT Defense Properties Dividend per year
COPT Defense Properties Dividend growth
COPT Defense Properties Dividend Yield
COPT Defense Properties current trailing twelve-month (TTM) dividend yield is 3.54%. Interested in purchasing COPT Defense Properties stock? Use our calculator to estimate your expected dividend yield:
COPT Defense Properties Financial Ratios
COPT Defense Properties Dividend FAQ
Other factors to consider when evaluating COPT Defense Properties as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: COPT Defense Properties's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, COPT Defense Properties publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, COPT Defense Properties distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from COPT Defense Properties are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: COPT Defense Properties sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, COPT Defense Properties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COPT Defense Properties declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of COPT Defense Properties's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review COPT Defense Properties's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.