Dividend Information for City Office Reit: Key Insights Ahead of the Ex-Dividend Date on Jul 10, 2025

City Office REIT (CIO) has announced a dividend of $0.100 per share, with the ex-dividend date set for Jul 10, 2025. This follows the announcement made on Jun 13, 2025, and the dividend will be paid on Jul 24, 2025. Notably, this dividend amount is lower than the average of the last ten dividends, which stands at $0.191 per share. Previously, on Apr 24, 2025, the company distributed the same dividend of $0.100 per share. Both instances of dividends are classified as cash dividends.

Recently, City Office REIT has been in the news with significant developments impacting its market performance and operational strategies. Over the past week, sources reported that City Office REIT has been included in the top discount list for office REITs, alongside Brandywine Realty Trust and Hudson Pacific Properties, indicating a higher discount to NAV in June. This reflects a potential undervaluation compared to net asset values, which could influence investor sentiment and trading behavior.

As of late, analysts indicated that City Office REIT's portfolio, as of Mar 31, 2025, contained 5.4 million net rentable square feet with an occupancy rate of 84.9%, rising to 87.6% when including signed leases yet to be occupied. The same store cash NOI witnessed a 4.4% increase compared to the prior year, suggesting robust operational performance and positive cash flow prospects.

Furthermore, since the last update, City Office REIT has reported an annual dividend yield of 8.44%, with a payment schedule every three months. This yield is notable for investors considering dividend income, offering an attractive return relative to its stock price fluctuations.

In conclusion, the ex-dividend date for City Office REIT on Jul 10, 2025, marks the deadline for investors to purchase shares to receive the upcoming dividend. Any acquisitions after this date will not qualify for the dividend payout.