JBG SMITH Declares a Quarterly Common Dividend of $0.175 Per Share
October 24 2024 - 3:15PM
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 $0.175 per common share. The dividend will be paid on
November 22, 2024 to common shareholders of record as of November
7, 2024.
About JBG SMITH
JBG SMITH owns, operates, invests in, and develops mixed-use
properties in high growth and high barrier-to-entry submarkets in
and around Washington, DC, most notably National Landing. Through
an intense focus on placemaking, JBG SMITH cultivates vibrant,
amenity-rich, walkable neighborhoods throughout the Washington, DC
metropolitan area. Approximately 75.0% of JBG SMITH's holdings are
in the National Landing submarket in Northern Virginia, which is
anchored by four key demand drivers: Amazon's new headquarters;
Virginia Tech's under-construction $1 billion Innovation Campus;
the submarket’s proximity to the Pentagon; and our retail and
digital placemaking initiatives and public infrastructure
improvements. JBG SMITH's dynamic portfolio currently comprises
13.4 million square feet of high-growth multifamily, office and
retail assets at share, 98% of which are Metro-served. It also
maintains a development pipeline encompassing 9.3 million square
feet of mixed-use, primarily multifamily, development
opportunities. JBG SMITH is committed to the operation and
development of green, smart, and healthy buildings and plans to
maintain carbon neutral operations annually. For more information
on JBG SMITH please visit www.jbgsmith.com .
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version on businesswire.com: https://www.businesswire.com/news/home/20241024485672/en/
Kevin Connolly JBG SMITH Executive Vice President, Portfolio
Management & Investor Relations (240) 333-3837
kconnolly@jbgsmith.com
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