Company: Federal Realty Investment Trust (FRT)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 26.0 million square feet of retail space and over 3,100 multifamily units. Federal’s retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT. -Morningstar.com-
Symbol: FRT
Recent Price: $112.86
Dividends: $4.36
Yield: 3.86%
Sector: Real Estate
Industry: REIT-Retail
Address & Company Phone #: 909 Rose Ave. Ste 200 North Bethesda MD 20852, 301-998-8100
Transfer Agent: American Stock Transfer 877-611-8039
Moody’s Rating: Baa1
Minimum & Maximum Investment: $25 – $10,000/month
Investment Dates: Every 15 days beginning 1 &15
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail or Phone for $15+10¢/sh.
52 Week High & Low: $107.61, $85.59