Prologis and Duke Realty have entered into a merger agreement. Duke Realty shareholders will receive 0.475 Prologis shares for each of their securities. The transaction is scheduled to close in Q4 2022.
Prologis has made an offer to Duke Realty for $61.68 per share. Payment is offered in the form of shares, 0.466 Prologis shares for each Duke Realty share.
The Duke Realty Board of Directors announced a quarterly dividend of $0.28 per share. The last day to buy securities to receive the dividend is May 12, 2022. The annual dividend yield may reach 1.96%.
Duke Realty's funds from operations for the 3 months of 2022 were $141.777 million, down 1.8% from $144.408 million in the prior year. Revenues were down 3.8% to $278.163 million from $289.292 million a year earlier.
Duke Realty's funds from operations for 2021 were $626.489 million, up 20.1% from $521.637 million in the previous year. Revenue increased 11.4% to $1,106 billion from $0,993 billion a year earlier.
The Duke Realty Board of Directors announced a quarterly dividend of $0.28 per share. The last day to buy securities to receive the dividend is February 14, 2022. The annual dividend yield may reach 2.04%.
Duke Realty's funds from operations for 9M 2021 amounted to $459.313 million, an increase of 23.6% compared to $371.479 million in the previous year. Revenues increased 15.7% to $841.349 million from $726.908 million a year earlier.
The Duke Realty Board of Directors announced a quarterly dividend of $0.28 per share. The last day to buy securities to receive the dividend is November 12, 2021. The annual dividend yield may reach 2.18%.
Duke Realty's funds from operations for the six months of 2021 totaled $305.325 million, up 35.8% from $224.876 million in the prior year. Revenue increased 20.7% to $560.984 million from $464.88 million a year earlier.
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