Terreno Realty Corporation Raises Quarterly Dividend by 17.6% and Reports Q2 2022 Financial Statements

BELLEVUE, Wash.–(BUSINESS THREAD)–Terreno Realty Corporation (NYSE: TRNO ), an acquirer, owner and operator of industrial real estate in six major US coastal markets, declared a regular cash dividend for the quarter ending September 30, 2022 of 0 $.40 per common share; a 17.6% increase over the previous dividend level. The dividend will be paid on October 14, 2022 to common stockholders of record at the close of business on September 30, 2022.

Terreno Realty Corporation filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 with the US Securities and Exchange Commission. The financial statements and supplementary financial information are available in the Investors & Media section of the Terreno Realty Corporation website, www.terreno.com.

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major US coastal markets: Los Angeles, Northern New Jersey/New York, San Francisco Bay Area, Seattle, Miami and Washington, DC.

Additional information about Terreno Realty Corporation is available on the company’s website at www.terreno.com.

Forward-looking statements

This press release contains forward-looking statements within the meaning of federal securities laws. Investors are cautioned that forward-looking statements are based on management’s beliefs and assumptions made by management and information currently available to management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “attempt,” “could,” “could,” “plan,” “project,” “result,” “should “, “will”, “seek”, “target”, “see”, “probable”, “position”, “opportunity”, “prospect” and similar expressions that do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized peak rates, the impact of the COVID-19 pandemic on our business, our tenants and national and local economies, and the risk factors contained in our Annual Report at Form 10-K for the year ended December 31. 2021 and our other public documents. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, actual results may differ materially from those anticipated, estimated or projected. We expressly disclaim any obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, investors should exercise caution in relying on forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.


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