This dividend combined with the previous dividends paid to shareholders in 2001 represents an annualized dividend yield of 8.3%.

The dividend will be paid on Jan. 30 to shareholders of record as of Dec. 31, 2001. The company does not release its earnings until later.

The real estate investment trust said its revenues are derived primarily from interest income earned from loans to churches and other non-profit religious organizations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.