Duke Realty (DRE) will raise its quarterly dividend by 5.3 percent to $0.20 per share. The third quarter dividend will be payable on November 30, 2017 to shareholders of record on November 16, 2017. Duke Realty currently has an indicated dividend yield of 2.8% based on stock price of $28.71.

Also the company announced that it plans to finalize and announce its special dividend requirement, which should be consistent with the company's previously disclosed estimates, in early December.

Duke Realty Corporation is an industrial REIT. The company specializes in the ownership, management and development of bulk distribution real estate. Its properties are leased by a diverse base of  tenants whose businesses include e-commerce, government services, manufacturing, retailing, wholesale trade, and distribution. As a fully integrated commercial real estate firm the company provides in-house leasing, management, development and construction services. Duke Realty launched its business in 1972 with the development of an industrial building in Indianapolis, IN. Currently the company has properties in 21 major logistics markets across the United States.