#United States #Minneapolis #dividends #Real Estate #Centerspace

Centerspace Declares Quarterly Dividend

Centerspace, a prominent player in the real estate industry, has announced its latest quarterly dividend, reflecting the company's ongoing commitment to delivering value to its investors. The Board of Trustees has declared a distribution of $0.75 per share/unit, which is scheduled for payment on January 13, 2025. This decision underscores Centerspace's strong financial position and its intent to reward shareholders who have supported the company's growth.

The dividend will be issued to common shareholders and unitholders who are on record as of the close of business on December 30, 2024. This announcement is part of Centerspace's routine communication with its investors, demonstrating transparency and a dedication to maintaining a positive relationship with shareholders.

Founded in 1970, Centerspace has built a substantial portfolio consisting of 71 apartment communities across key states, including Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. In total, the company manages 13,012 homes, showcasing its robust presence in the housing market.

In 2024, Centerspace received accolades as a top workplace for the fifth consecutive year, as recognized by the Minneapolis Star Tribune. This honor reflects the company's emphasis on fostering a positive work environment, which in turn may contribute to its successful operations and the overall satisfaction of its tenants and employees.

The dividends are an essential aspect of shareholder returns, providing investors with a tangible reward for their investment. Centerspace's $0.75 distribution is part of a broader strategy to ensure its investors benefit from the company’s sustained growth and profitability. By consistently issuing dividends, the management reinforces confidence among investors while also attracting potential new shareholders.

Investors seeking more insights into Centerspace’s financial performance or the strategic direction of the company are encouraged to contact Josh Klaetsch, Investor Relations, at (701) 837-7104. Additionally, more details are available on the company's website at www.centerspacehomes.com.

Overall, the announcement of this quarterly dividend aligns with Centerspace's reputation for reliability and consistency in the real estate sector, making it an attractive option for both current and prospective investors. As the company continues to expand its portfolio and enhance its operating efficiencies, stakeholders can look forward to further developments and potential future dividends that may arise from Centerspace’s ongoing success and commitment to generating shareholder value.