Industrial Logistics Properties Trust Announces Regular Quarterly Dividend on Common Shares
Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.33 per share ($1.32 per share per year). This distribution will be paid to ILPT's common shareholders of record as of the close of business on October 26, 2020 and distributed on or about November 19, 2020.
Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securites laws. These forward-looking statements are based upon ILPT's present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond ILPT's control. For example:
The information contained in ILPT's filings with the Securities and Exchange Commission, or SEC (News - Alert), including under the caption "Risk Factors" in ILPT's periodic reports or incorporated therein, identifies important factors that could cause ILPT's actual results to differ materially from those stated or implied by ILPT's forward-looking statements. ILPT's filings with the SEC are available at the SEC's website at www.sec.gov.
You should not place undue reliance upon forward-looking statements.
Except as required by law, ILPT does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.