Key Developments: Federal Realty Investment Trust (FRT)

FRT on New York Consolidated

124.78USD
29 Aug 2014
Price Change (% chg)

$0.53 (+0.43%)
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Latest Key Developments (Source: Significant Developments)

Federal Realty Investment Trust raises FY 2014 FFO guidance
Thursday, 7 Aug 2014 04:17pm EDT 

Federal Realty Investment Trust:Updates FY 2014 guidance for FFO per diluted share to range of $4.90 to $4.94.Updates FY 2014 earnings per share guidance to $2.55 to $2.61.FY 2014 FFO per share of $4.92 - Thomson Reuters I/B/E/S.  Full Article

Federal Realty Investment Trust increases dividend
Thursday, 7 Aug 2014 04:07pm EDT 

Federal Realty Investment Trust:Increases dividend rate on common shares, declaring regular quarterly cash dividend of $0.87 per share.Payable on Oct. 15 to common shareholders of record on Sept. 22.  Full Article

Federal Realty Investment Trust declares regular quarterly cash dividend
Thursday, 8 May 2014 04:30pm EDT 

Federal Realty Investment Trust:Declared a regular quarterly cash dividend of $0.78 per share.Payable on July 15 to common shareholders of record on June 23.  Full Article

Federal Realty Investment Trust reaffirms FY 2014 FFO guidance
Thursday, 8 May 2014 04:30pm EDT 

Federal Realty Investment Trust:Maintains FY 2014 guidance for FFO per diluted share of $4.86 to $4.93.Maintains FY 2014 earnings per share guidance was maintained at $2.54 to $2.62.FY 2014 FFO of $4.91 - Thomson Reuters I/B/E/S.  Full Article

Federal Realty Investment Trust declares regular quarterly cash dividend
Tuesday, 11 Feb 2014 04:15pm EST 

Federal Realty Investment Trust:Declares a regular quarterly cash dividend of $0.78 per share on its common shares, resulting in an indicated annual rate of $3.12 per share.Says dividend will be payable on Apr. 15, 2014 to common shareholders of record on Mar. 21, 2014.  Full Article

Federal Realty Investment Trust raises FY 2014 FFO guidance
Tuesday, 11 Feb 2014 04:15pm EST 

Federal Realty Investment Trust:Raises FY 2014 guidance for FFO per diluted share to a range of $4.86 to $4.93.Says FY 2014 updated earnings per diluted share guidance is $2.54 to $2.62.FY 2014 FFO of $4.59 - Thomson Reuters I/B/E/S.  Full Article

Federal Realty Investment Trust acquires two key retail centers in Affluent Monmouth County, New Jersey
Monday, 6 Jan 2014 05:04pm EST 

Federal Realty Investment Trust:Says the acquisition of a controlling interest in two shopping centers totaling 285,600 square feet in affluent Monmouth County, New Jersey, for a total value of $161 million.The Grove at Shrewsbury and Brook 35 are located on busy Route 35, less than three miles from the Garden State Parkway.Says the acquisition was made using a combination of downREIT units, cash and the assumption of $68 million of fixed rate debt secured by the properties.  Full Article

Federal Realty Investment Trust offering of 3.95 pct senior unsecured notes
Wednesday, 4 Dec 2013 04:58pm EST 

Federal Realty Investment Trust:Says the pricing of its public offering of $300 million aggregate principal amount of 3.95 percent senior unsecured notes due Jan. 15, 2024.Says the notes were offered at 99.018 percent of the principal amount with a yield to maturity of 4.069 percent.Says Interest on the notes will be payable on January 15 and July 15 of each year, beginning July 15, 2014.Says the offering is expected to close on Dec. 9, 2013, subject to customary closing conditions.Says Wells Fargo Securities, LLC, Citigroup Global Markets Inc., and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.Says Deutsche Bank Securities Inc., PNC Capital Markets LLC, BBVA Securities Inc., Capital One Securities, Inc., Regions Securities LLC, SunTrust Robinson Humphrey, Inc., TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. acted as co-managers for the offering.Says intends to use the net proceeds from this offering to redeem all of its outstanding 5.95 pct Notes due 2014, to pay off an expected balance of $72 million under its revolving credit facility due to the repayment in full of its 7.50 pct mortgage notes and for general corporate purposes.  Full Article

Federal Realty Investment Trust Raises FY 2013 FFO Guidance; Issues FY 2014 FFO Guidance In Line With Analysts' Estimates
Thursday, 31 Oct 2013 04:30pm EDT 

Federal Realty Investment Trust raised fiscal 2013 FFO per diluted share to a range of $4.60 to $4.61 from $4.56 to $4.60, excluding the impact of early extinguishment of debt, and earnings per diluted share guidance of $2.66 to $2.67. For fiscal 2014, it expects FFO per diluted share in the range of $4.84 to $4.92 and earnings per diluted share (EPS) guidance in the range of $2.53 to $2.61. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO of $4.56 for fiscal 2013; FFO of $4.86 for fiscal 2014.  Full Article

Federal Realty Investment Trust Declares Regular Quarterly Cash Dividend
Thursday, 31 Oct 2013 04:30pm EDT 

Federal Realty Investment Trust announced that its Board of Trustees declared a regular quarterly cash dividend of $0.78 per share, resulting in an indicated annual rate of $3.12 per share. The regular common dividend will be payable on January 15, 2014, to common shareholders of record as of January 2, 2014.  Full Article

Fitch Affirms Federal Realty Investment Trust's IDR at 'A-'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, April 24 (Fitch) Fitch Ratings has affirmed the credit ratings of Federal Realty Investment Trust (NYSE: FRT) (Federal) as follows: --Issuer Default Rating (IDR) at 'A-'; --Unsecured revolving credit facility at 'A-'; --Senior unsecured term loan at 'A-'; --Senior unsecured notes at 'A-'; --Redeemable preferred shares at 'BBB'. The Rating Outlook is Stable. KEY RATING DRIVERS The consistent and steady cash flow growth provide

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