December 7, 2009 (FinancialWire) — Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.36 per share on its common stock, to be paid January 29, 2010 to holders of record on January 15, 2010.

The amount of the quarterly common dividend payable is unchanged from the amount the company paid in the previous quarter and a decrease of $0.03 per share (or 7.7%) compared to the prior year’s comparable quarter.

Bethesda, Maryland-based Saul Centers is a self-managed, self-administered equity real estate investment trust that currently operates and manages a real estate portfolio of 52 operating community and neighborhood shopping center and office properties totaling approximately 8.4 million square feet of leasable area.

Over 80% of the company’s cash flow is generated from properties in the metropolitan Washington, DC/Baltimore area.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.