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Real Estate Investment Trust Federal Realty Investment (FRT) will raise its quarterly dividend by 1.5 percent to $0.66 per share in 2009.

The next dividend is payable October 15, 2009 to shareholders of record at the close of business on September 23, 2009. The ex-date for his next dividend of 66 cents per share is September 21, 2009.

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles.