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Suburban office developer Corporate Office Properties Trust said Thursday its board of trustees has declared a quarterly dividend of 37 cents per common share for the second quarter. The dividend will be paid on July 15 to shareholders of record at the end of the quarter on June 30, the Columbia-based real estate investment trust said. COPT, a landlord for government and defense contractor tenants, owned 259 office buildings as of March 31. The company, which increased its dividend 9.6 percent for the third quarter of 2008, has paid a dividend of 37 cents per share for the past three quarters.

- Lorraine Mirabella


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