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Whitestone REIT’s Board of Trustees Declares Fourth Quarter 2016 Dividend

HOUSTON, Sept. 22, 2016 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a quarterly cash dividend for the 2016 fourth quarter of 28.5 cents per share on the Company’s common stock and Operating Partnership units. The fourth quarter dividend will be paid in three installments of 9.5 cents each in October, November and December. The record and payment dates for the fourth quarter period are as follows:

Month Record Date Payment Date
October 10/3/2016 10/12/2016
November 11/1/2016 11/11/2016
December 12/1/2016 12/9/2016

About Whitestone REIT
Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust (“REIT”) that acquires, owns, manages, develops and redevelops high quality “internet-resistant” neighborhood, community and lifestyle retail centers. Whitestone’s 69 properties are principally located in Austin, Dallas-Fort Worth, Houston, San Antonio and Phoenix, which are among the fastest-growing markets in the country with highly educated workforces, high household incomes and strong job growth. The Company’s strategy is to target shifting consumer behavior and purchasing patterns by creating a complementary mix of grocery, dining, health and wellness, education, services, entertainment and specialty retail in its properties. Whitestone’s national, regional and local tenants provide daily necessities, needed services and convenience to the community which are not readily available online. For additional information about Whitestone, please visit www.whitestonereit.com.

Forward-Looking Statements
Statements included herein that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, which by their nature, involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Reference is made to the Company's regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company's performance.

Contact Whitestone REIT: Bob Aronson Director of Investor Relations D: (713) 435-2219; M: (832) 364-8314 raronson@whitestonereit.com

Source:Whitestone REIT