PS Business Parks (PSB) will raise its quarterly dividend to $0.85 per share.
The dividend is payable March 30, 2017 to shareholders of record on March 15, 2017.
PS Business Parks, Inc. is a real estate investment trust that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial parks. Its business parks are located in California, Texas, Virginia, Florida, Maryland and Washington.