SANTA MONICA, Calif.–(BUSINESS WIRE)–Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), today announced that its board of directors has declared a quarterly cash dividend on each common share of $0.28 , or $1.12 on an annualized basis, to be paid on October 18, 2022 to shareholders of record as of September 30, 2022.
About Douglas Emmett, Inc.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered, self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multi-family properties located in major coastal submarkets of Los Angeles and Honolulu. Douglas Emmett is focused on owning and acquiring a substantial share of prime office properties and prime multi-family communities in neighborhoods that have significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.
Sure port Statement
Except for historical facts, statements in this press release regarding Douglas Emmett’s business activities are forward-looking statements based on the beliefs, assumptions made by, and information currently available to us about risks, trends, known and unknown factors and uncertainties that are beyond our control or ability to predict. Although we believe our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. Accordingly, our actual future results may be expected to differ from our expectations, and such differences may be material. Accordingly, investors should exercise caution when relying on forward-looking statements to anticipate future results or trends. For a discussion of certain of the risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in our 2021 Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission.