CHEVY CHASE, Md.--(BUSINESS WIRE)-- JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share, an indicated annual dividend of $0.90 per common share. The dividend will be paid on November 30, 2017 to common shareholders of record as of November 20, 2017.
About JBG SMITH
JBG SMITH is an S&P 400 company that owns, operates, invests in and develops assets concentrated in leading urban infill submarkets in and around Washington, DC. Our mixed-use operating portfolio comprises approximately 20 million square feet of high-quality office, multifamily and retail assets, 98% of which are Metro-served. With a focus on placemaking, we drive synergies across the portfolio and create amenity-rich, walkable neighborhoods. JBG SMITH’s future development pipeline includes over 18 million square feet of potential development density. For additional information on JBG SMITH, please visit www.jbgsmith.com.
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Jaime Marcus, 240-333-3643
SVP, Investor Relations
Source: JBG SMITH