COPT Defense Properties (CDP) to Issue Quarterly Dividend of $0.31 on January 15th

COPT Defense Properties (NYSE:CDP) announced a quarterly dividend on Thursday, November 13th. Investors of record on Wednesday, December 31st will be given a dividend of 0.305 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, December 31st.

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

COPT Defense Properties Price Performance

Shares of NYSE:CDP opened at $28.17 on Monday. The company has a market capitalization of $3.19 billion, a P/E ratio of 21.18 and a beta of 0.84. COPT Defense Properties has a 1-year low of $23.92 and a 1-year high of $31.49. The firm’s 50 day simple moving average is $29.03 and its two-hundred day simple moving average is $28.76. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.34 and a quick ratio of 2.34.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. The firm had revenue of $188.80 million for the quarter, compared to the consensus estimate of $187.63 million. COPT Defense Properties had a net margin of 19.99% and a return on equity of 9.71%. The company’s revenue was down .2% on a year-over-year basis. During the same period last year, the firm earned $0.65 EPS. COPT Defense Properties has set its FY 2025 guidance at 2.690-2.710 EPS and its Q4 2025 guidance at 0.670-0.690 EPS. Research analysts expect that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Institutional Investors Weigh In On COPT Defense Properties

Institutional investors have recently modified their holdings of the stock. Strs Ohio purchased a new stake in shares of COPT Defense Properties in the 1st quarter worth $575,000. Graham Capital Management L.P. raised its holdings in shares of COPT Defense Properties by 796.3% in the first quarter. Graham Capital Management L.P. now owns 72,181 shares of the company’s stock valued at $1,968,000 after acquiring an additional 64,128 shares in the last quarter. HighTower Advisors LLC lifted its stake in COPT Defense Properties by 6.6% in the first quarter. HighTower Advisors LLC now owns 19,575 shares of the company’s stock worth $534,000 after acquiring an additional 1,210 shares during the period. Allworth Financial LP lifted its stake in COPT Defense Properties by 17,902.1% in the second quarter. Allworth Financial LP now owns 43,565 shares of the company’s stock worth $1,202,000 after acquiring an additional 43,323 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in COPT Defense Properties by 15.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 20,265 shares of the company’s stock worth $575,000 after acquiring an additional 2,748 shares in the last quarter.

About COPT Defense Properties

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.