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Article: Wells Real Estate sets quartlery cash dividend.(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- September 24, 2003
CopyrightCOPYRIGHT 2003 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wells Real Estate Investment Trust, Inc. announced that its board of directors has approved an annualized quarterly cash dividend of 7.00% for the fourth quarter of 2003.
This annualized dividend rate is payable in December 2003 and is calculated on a daily basis to shareholders of record each day from September 16, 2003, through December 15, 2003. Wells also offers a Dividend Reinvestment Program to all Wells REIT shareholders.
"We're so pleased that the Wells REIT continues to provide solid dividend income to our investors, a return that compares favorably to other investments in this economic environment," said Leo F. Wells III, president and founder ...
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