NYSE: GOV...$21.66...Quarterly Dividend: $0.42...Yield: 7.76%
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Dividend security
Government Properties Income Trust is focused on creating secure dividends for shareholders. Approximately 93% of the company’s annual rental income is paid by the U.S. Government and six state governments.
  • Majority leased to government tenants.
    Approximately 70% of Government Properties Income Trust’s annualized rental income is paid by the U.S. Government, 18% is paid by six state governments and 5% is paid by the United Nations.
  • Stable and safe income stream.
    Government tenants have a historical high renewal rate and over the past 10 years have occupied leased properties for an average term of 26 years. Government Properties Income Trust’s tenant occupancy is 95% and the weighted average remaining lease term is approximately 5 years.
  • Conservative financial profile.
    Government Properties Income Trust’s has a conservative balance sheet and is investment grade rated (Moody’s: Baa3; S&P: BBB-). Its debt to book capitalization is approximately 33%.
  • Consistent cash distribution.
    Government Properties Income Trust’s dividend yield is above the REIT sector average and compelling in the current interest rate environment.
  • Capacity for growth.
    Government Properties Income Trust has a $500 million credit facility to use for acquisitions. The credit facility has no financing contingencies, which provides a competitive advantage and certainty of acquisition closure.
    
 

Office Real Estate


Government Properties Income Trust is an office real estate investment trust, or REIT.  As of March 31, 2012, we owned approximately $1.5 billion of office properties with approximately 9.0 million square feet located in 29 states and Washington, D.C.


Featured Properties

Government Properties Income Trust NAREIT 2011 Presentation

Recent News

05/16/2012

Government Properties Income Trust Announces Annual Meeting Results


05/01/2012

Government Properties Income Trust Announces 2012 First Quarter Results


04/24/2012

Government Properties Income Trust First Quarter Conference Call Scheduled for Tuesday, May 1st


 
Government Properties Income Trust, Two Newton Place, 255 Washington Street, Newton, MA 02458-1634 Main Number: 617-219-1440.