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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

JBG SMITH Declares a Quarterly Common Dividend of $0.225 Per Share

October 27, 2021 GMT

BETHESDA, Md.--(BUSINESS WIRE)--Oct 27, 2021--

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 $0.225 per common share. The dividend will be paid on November 24, 2021 to common shareholders of record as of November 10, 2021.

About JBG SMITH

JBG SMITH owns, operates, invests in and develops a dynamic portfolio of mixed-use properties in the high growth and high barrier-to-entry submarkets in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Over half of JBG SMITH’s holdings are in the National Landing submarket in Northern Virginia, where it serves as the exclusive developer for Amazon’s new headquarters, and where Virginia Tech’s under-construction $1 billion Innovation Campus is located. JBG SMITH’s portfolio currently comprises 17.2 million square feet of high-growth office, multifamily and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 17.0 million square feet of mixed-use 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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View source version on businesswire.com:https://www.businesswire.com/news/home/20211027005702/en/

CONTACT: Barbat Rodgers

JBG SMITH

Senior Vice President, Investor Relations

(240) 333-3805

brodgers@jbgsmith.com

KEYWORD: DISTRICT OF COLUMBIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES OTHER CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY REIT

SOURCE: JBG SMITH

Copyright Business Wire 2021.

PUB: 10/27/2021 04:15 PM/DISC: 10/27/2021 04:17 PM

http://www.businesswire.com/news/home/20211027005702/en