Alexandria Real Estate Equities Inc. (ARE) announced that its board declared a quarterly cash dividend of $0.65 per share for the second quarter of 2013. This reflects a quarterly cash dividend increase of $0.05 per common share, or approximately 8 percent, over the first quarter of 2013. The dividend is payable on July 15, 2013, to shareholders of record on June 28, 2013.
The company announced that its Board of Directors declared a quarterly cash dividend of 43.75 cents per share for the second quarter of 2013 for its 7.00% Series D Cumulative Convertible Preferred Stock. The dividend is payable on July 15, 2013, to preferred shareholders of record on June 28, 2013.
The company also announced that its Board of Directors declared a quarterly cash dividend of 40.3125 cents per share for the second quarter of 2013 for its 6.45% Series E Cumulative Redeemable Preferred Stock. The dividend is payable on July 15, 2013, to preferred shareholders of record on June 28, 2013.
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