Contact Information: Investor Relations Contacts: Shona L. Bedwell 317.808.6169 Randy A. Henry 317.808.6060 News Media Contact: Ken Turchi 317.808.6358
Duke Realty Corporation Declares Dividend on Series O Preferred Shares
| Source: Duke Realty Corporation
INDIANAPOLIS, IN--(Marketwire - March 11, 2008) - Duke Realty Corporation (NYSE : DRE ) today
announced that it has declared an initial dividend of $0.226823 per share
on its outstanding 8.375% Series O Cumulative Redeemable Preferred Shares
(the "Series O Preferred Shares"). The dividend is payable on March 31,
2008, to shareholders of record on March 21, 2008. The Series O Preferred
Share dividends will be cumulative from February 22, 2008, the date of
original issue, and payable quarterly, beginning on or about March 31,
2008, at the rate of 8.375% of the liquidation preference per annum, or
$20.9375 per Series O Preferred Share (equal to $2.09375 per annum per
depositary share).
About Duke Realty Corporation
Duke Realty Corporation specializes in the ownership, construction,
development, leasing and management of office, industrial, medical office
and retail real estate. It is the largest publicly traded, vertically
integrated office/industrial real estate company in the United States. The
company owns, manages or has under development more than 130 million
rentable square feet in 22 major U.S. cities. Duke, which controls
approximately 7,700 acres of land for over 113 million square feet of
future development, also provides nationwide real estate solutions through
its national development division. Duke Realty Corporation is publicly
traded on the NYSE under the symbol DRE and is included in the S&P MidCap
400 Index.