GEO Group (GEO) Reports In-Line Q1 AFFO
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April 30, 2015 7:45 AM EDT
1Q15 Normalized FFO of $0.60 per Diluted Share
1Q15 AFFO of $0.72 per Diluted Share
Updated 2015 AFFO Guidance of $3.30 to $3.39 per Diluted Share
Updated 2015 Guidance Reflects Additional 2Q15 Start-Up Expenses,
Negative Fluctuation in Foreign Exchange Rates, and More Gradual
Seasonal Increase in Federal Populations
BOCA RATON, Fla.--(BUSINESS WIRE)--
The GEO Group, Inc. (NYSE: GEO) (GEO), the first fully
integrated equity real estate investment trust (REIT) specializing in
the design, financing, development, and operation of... More
April 30, 2015 7:45 AM EDT
BOCA RATON, Fla.--(BUSINESS WIRE)--
The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on April
29, 2015, its Board of Directors declared a quarterly cash dividend of
$0.62 per share. The quarterly cash dividend will be paid on May 21,
2015 to shareholders of record as of the close of business on May 11,
2015.
George C. Zoley, Chairman and Chief Executive Officer of GEO, said: We
are pleased to declare our quarterly cash dividend of $0.62 per share,
or $2.48 per share annualized, which is indicative of our continued
commitment to return value to our shareholders.
...
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