Key Developments: Douglas Emmett Inc (DEI.N)
24.92USD
1:34pm EDT
$-0.08 (-0.32%)
$25.00
$24.99
$25.11
$24.76
48,897
312,285
$28.59
$21.56
Latest Key Developments (Source: Significant Developments)
Douglas Emmett Inc Declares Quarterly Cash Dividend
Douglas Emmett Inc announced that Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.18, or $0.72 on an annualized basis. The dividend will be paid on July 15, 2013 to shareholders of record as of June 28, 2013. Full Article
Douglas Emmett Inc Acquires Beverly Hills Office Building
Douglas Emmett Inc announced that it has acquired a 225,000 square foot Class A multi-tenant office building located at 8484 Wilshire Boulevard in Beverly Hills for a contract price of $89 million, or $395 per square foot. With this acquisition, Douglas Emmett owns and operates 8 office properties in Beverly Hills, aggregating more than 1.6 million square feet and approximately 21% of the Class A office space within this submarket. Douglas Emmett's total office portfolio consists of 59 properties totaling approximately 14.9 million square feet. Full Article
Douglas Emmett Inc Amends Record Date For Quarterly Cash Dividend
Douglas Emmett Inc announced that as previously announced, the Board of Directors has declared a quarterly cash dividend on each share of the Company's common stock of $0.18, or $0.72 on an annualized basis. Because the previously announced record date of March 29, 2013 falls on a New York Stock Exchange Holiday, the record date for that dividend will instead be March 28, 2013. Accordingly, the dividend will be paid on April 15, 2013 to shareholders of record as of March 28, 2013. Full Article
Douglas Emmett Inc Declares Quarterly Cash Dividend
Douglas Emmett Inc announced that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.18, or $0.72 on an annualized basis. The dividend will be paid on April 15, 2013 to shareholders of record as of March 29, 2013. Full Article
Douglas Emmett Inc Issues FY 2013 FFO Guidance In Line With Analysts' Estimates-Conference Call
Douglas Emmett Inc announced that for fiscal 2013, it expects to increase FFO per diluted share to between $1.39 and $1.45. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO per share of $1.40 for fiscal 2013. Full Article
Douglas Emmett Inc Increases Quarterly Cash Dividend
Douglas Emmett Inc announced that its Board of Directors has approved a 20% increase in its quarterly cash dividend to $0.18 per common share, or $0.72 on an annualized basis. The dividend will be paid on January 15, 2013 to shareholders of record as of December 31 , 2012. Full Article
Douglas Emmett Inc Raises Low End Of Prior FY 2012 FFO Guidance To A Range In Line With Analysts' Estimates-Conference Call
Douglas Emmett Inc updated its fiscal 2012 FFO guidance to between $1.35 and $1.37. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO per share of $1.37 for fiscal 2012. Full Article
Douglas Emmett Inc Declares Quarterly Cash Dividend
Douglas Emmett Inc announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share, or $0.60 per common share on an annualized basis. The dividend will be paid on October 15, 2012 to shareholders of record as of September 28, 2012. Full Article
Douglas Emmett, Inc. Lowers FY 2012 FFO Guidance-Conference Call
Douglas Emmett, Inc. announced that it estimate that the Company's new loan will adversely affect its FFO in fiscal 2012 by about $0.03 per share. However, the Company expect that this impact will be largely offset by improvements in fundamentals. Accordingly, the Company is updating its fiscal 2012 FFO guidance to between $1.33 and $1.37. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO per share of $1.38 for fiscal 2012. Full Article
Douglas Emmett, Inc. Obtains $285 Million Term Loan Fixed At 3.85%
Douglas Emmett, Inc. announced that it has closed a secured, non-recourse $285 million term loan which bears interest at a fixed rate of 3.85% per annum and matures on June 5, 2019. $100 million of the loan proceeds will be used to prepay debt scheduled to mature on April 1, 2015 and the balance will be retained for other purposes. Full Article

Earnings vs.
Estimates