Corporate Office Properties (OFC)


Price/Share*:

$27.92

Annual Dividend:

$1.49

Dividend Yield:

5.34%

Pay Date:

01/15

Ex-Dividend Date:

12/29

Record Date:

12/31


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation


Company Profile Company Profile

Corporate Office Properties- (OFC)-is a specialty office real estate investment trust (REIT) that focuses on strategic customer relationships and specialized tenant requirements in the U.S. Government, Defense Information Technology and Data sectors. The Company acquires and develops properties which are typically concentrated in large office parks primarily located adjacent to government demand drivers and/or in growth corridors. As of December 31, 2007, the Company owned 246 office and data properties totaling 18.6 million rentable square feet, which includes 18 properties totaling 806,000 square feet held through joint ventures. Corporate Office Properties Trust was founded in 1988 and is based in Columbia, Maryland. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.