COPT Defense Properties (NYSE:CDP) to Issue Quarterly Dividend of $0.31

COPT Defense Properties (NYSE:CDP) announced a quarterly dividend on Thursday, November 13th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.305 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

COPT Defense Properties has raised its dividend by an average of 0.0%per year over the last three years.

COPT Defense Properties Stock Down 0.3%

Shares of COPT Defense Properties stock traded down $0.10 on Friday, hitting $28.73. 66,449 shares of the company traded hands, compared to its average volume of 923,744. COPT Defense Properties has a 12-month low of $23.92 and a 12-month high of $33.49. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.58. The company has a market cap of $3.25 billion, a PE ratio of 22.45 and a beta of 0.93. The company has a 50-day moving average price of $29.01 and a 200 day moving average price of $28.25.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The firm had revenue of $188.80 million during the quarter, compared to analysts’ expectations of $187.63 million. During the same quarter last year, the firm earned $0.65 earnings per share. The business’s revenue for the quarter was down .2% on a year-over-year basis. COPT Defense Properties has set its FY 2025 guidance at 2.690-2.710 EPS. Q4 2025 guidance at 0.670-0.690 EPS. Sell-side analysts predict that COPT Defense Properties will post 2.67 earnings per share for the current year.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.