COPT Defense Properties Reports Strong Q1 Earnings and Dividend Increase
COPT Defense Properties (CDP) reported first-quarter FFO per share of $0.69, exceeding guidance and up 6.2% YoY. The company raised its annual dividend for the fourth consecutive year and improved occupancy rates and renewal activity. Management also increased its FFO midpoint for the year.
Tickers: $CDP
Topics: Capital Commitments Dividend Earnings FFO Moody's Upgrade Occupancy Renewals