Select Income REIT Raises Quarterly Common Dividend
NEWTON, Mass. -- April 08, 2013
Select Income REIT (NYSE: SIR) today announced it has raised its regular
quarterly common distribution by $0.02 to $0.44 per common share ($1.76 per
share per year). This distribution will be paid to holders of record of common
shares as of the close of business on April 23, 2013, and will be distributed
on or about May 20, 2013.
Select Income REIT is a real estate investment trust, or REIT, which owns
properties that are primarily net leased to single tenants. SIR is
headquartered in Newton, MA.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES
LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON SIR'S PRESENT BELIEFS
AND EXPECTATIONS, BUT THESE STATEMENTS AND THE IMPLICATIONS OF THESE
STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS,
SOME OF WHICH ARE BEYOND SIR'S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE STATES
THAT SIR'S DIVIDEND RATE WILL BE $0.44/SHARE PER QUARTER OR $1.76/SHARE PER
YEAR. A POSSIBLE IMPLICATION OF THIS STATEMENT IS THAT SIR WILL CONTINUOUSLY
PAY QUARTERLY DIVIDENDS OF $0.44/SHARE PER QUARTER OR $1.76/SHARE PER YEAR IN
THE FUTURE. SIR'S DIVIDEND RATES ARE SET AND RESET FROM TIME TO TIME BY SIR'S
BOARD OF TRUSTEES. THE SIR BOARD CONSIDERS MANY FACTORS WHEN SETTING DIVIDEND
RATES INCLUDING SIR'S HISTORICAL AND PROJECTED INCOME, NORMALIZED FUNDS FROM
OPERATIONS, THE THEN CURRENT AND EXPECTED NEEDS AND AVAILABILITY OF CASH TO
PAY SIR'S OBLIGATIONS, DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE PAID TO
MAINTAIN SIR'S TAX STATUS AS A REAL ESTATE INVESTMENT TRUST AND OTHER FACTORS
DEEMED RELEVANT BY SIR'S BOARD OF TRUSTEES IN THEIR DISCRETION. ACCORDINGLY,
FUTURE DIVIDEND RATES MAY BE INCREASED OR DECREASED AND THERE IS NO ASSURANCE
AS TO THE RATE AT WHICH FUTURE DIVIDENDS WILL BE PAID. FOR THESE REASONS,
AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY
FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with transferable shares of beneficial
interest listed on the New York Stock Exchange.
No shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
Select Income REIT
Timothy A. Bonang, 617-796-8320
Vice President, Investor Relations
Carlynn Finn, 617-796-8320
Senior Manager, Investor Relations
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