COPT Defense Properties (NYSE:CDP) to Issue Quarterly Dividend of $0.32

COPT Defense Properties (NYSE:CDPGet Free Report) declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.32 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, June 30th.

COPT Defense Properties has increased its dividend payment by an average of 0.0%annually over the last three years.

COPT Defense Properties Price Performance

NYSE CDP opened at $31.64 on Friday. The company has a market cap of $3.59 billion, a PE ratio of 22.93 and a beta of 0.80. The firm’s 50 day moving average price is $31.73 and its 200-day moving average price is $30.53. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85. COPT Defense Properties has a 52-week low of $26.44 and a 52-week high of $33.29.

COPT Defense Properties (NYSE:CDPGet Free Report) last posted its earnings results on Monday, April 27th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). The company had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. COPT Defense Properties has set its FY 2026 guidance at 2.730-2.790 EPS and its Q2 2026 guidance at 0.680-0.700 EPS. Sell-side analysts forecast that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

About COPT Defense Properties

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COPT Defense Properties (NYSE: CDP) is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company’s portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories.

See Also

Dividend History for COPT Defense Properties (NYSE:CDP)

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