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Last $19.79 USD
Change Today +0.01 / 0.05%
Volume 485.4K
GOV On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

government properties income (GOV) Snapshot

Open
$19.78
Previous Close
$19.78
Day High
$19.85
Day Low
$19.59
52 Week High
06/6/14 - $26.30
52 Week Low
05/6/15 - $19.32
Market Cap
1.4B
Average Volume 10 Days
699.0K
EPS TTM
$0.22
Shares Outstanding
70.4M
EX-Date
04/22/15
P/E TM
90.2x
Dividend
$1.72
Dividend Yield
8.69%
Current Stock Chart for GOVERNMENT PROPERTIES INCOME (GOV)

government properties income (GOV) Related Businessweek News

No Related Businessweek News Found

government properties income (GOV) Details

Government Properties Income Trust is an equity real estate investment trust launched and managed by Reit Management & Research LLC. The trust invests in the real estate markets of United States. It engages in investment, operation and maintenance of real estate assets. The trust's properties are primarily leased to United States federal and state government agencies. Its portfolio primarily consists of office buildings. Government Properties Income Trust is based in Newton, Massachusetts.

government properties income (GOV) Top Compensated Officers

President and Chief Operating Officer
Total Annual Compensation: --
Chief Financial Officer and Treasurer
Total Annual Compensation: --
Managing Trustee
Total Annual Compensation: --
Managing Trustee
Total Annual Compensation: --
Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

government properties income (GOV) Key Developments

Government Properties Income Trust Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Government Properties Income Trust reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported rental income increased by $2.8 million or 4.7% to $62.7 million. This growth was primarily generated by property acquisitions since April 1, 2014, which were partially offset by the sale of property in College Park, Maryland in February, and the FDA move at Rockville, Maryland property in 2014. On a same property basis, first quarter rental income declined by 1.2% year-over-year to $56.6 million, largely as a result of the FDA. Net operating income or NOI grew $2.2 million or 6.1% year-over-year to $38.5 million. Consolidated cash NOI for the first quarter grew by $2.8 million or 7.8% to $38.1 million. From the same property perspective, GAAP NOI declined by 1.9% year-over-years to $34.2 million. Cash basis NOI remained flat at approximately $33.9 million over the same period despite the FDA move out. Adjusted EBITDA was $54.4 million. Normalized FFO for the first quarter, which excludes this noncash charge, was $40.8 million, up from $28.8 million for the 2014 first quarter. On a per share basis, normalized FFO per share grew by 9% from $0.53 per share in the year-ago quarter to $0.58 per share for the 2015 first quarter. The increase in normalized funds from operations was primarily driven by the pro rata share of Normalized FFO that recognized from investment in Select Income REIT. The company also spent approximately $750,000 on building improvements and $2 million on tenant improvements and leasing costs in the 2015 first quarter. As of March 31, 2015, the company had approximately $7.4 million of unspent leasing-related capital commitments.

Government Properties Income Trust to Report Q1, 2015 Results on Apr 30, 2015

Government Properties Income Trust announced that they will report Q1, 2015 results at 1:00 PM, US Eastern Standard Time on Apr 30, 2015

Government Properties Income Trust, Q1 2015 Earnings Call, Apr 30, 2015

Government Properties Income Trust, Q1 2015 Earnings Call, Apr 30, 2015

 

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