Powered by

Federal Realty Investment Trust hikes dividend with Q2 results

Aug 02, 2019 - SNL Real Estate Daily

Federal Realty Investment Trust disclosed second-quarter funds from operations available for common shareholders of $121.0 million, or $1.60 per share, an increase on a per-share basis from $114.8 million, or $1.55 per share, in the 2018 second quarter.

The S&P Global Market Intelligence consensus FFO estimate for the quarter was $1.59 per share.

For the second quarter, total revenue amounted to $230.5 million, a gain of 2.5% from $224.9 million in the 2018 second quarter.

In r...