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City Office REIT Announces Dividends for Second Quarter 2025

1. CIO announced a quarterly dividend of $0.10 per share. 2. Preferred stockholders will receive $0.4140625 per share. 3. Dividends payable on July 24, 2025, for record holders. 4. CIO focuses on acquiring office properties in Sun Belt markets. 5. CIO's liquidity position may affect future results.

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$5.406/13 04:07 PM EDTEvent Start
$5.3706/16 04:17 PM EDTLatest Updated
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FAQ

Why Bullish?

The announcement of dividends reflects financial health and stability, attracting investors. Such consistent dividends can lead to increased confident market perception, similar to previous instances where stable dividends led firms to see stock price uptrends.

How important is it?

Dividend announcements directly impact investor sentiment and stock price, enhancing perceived stability. Given CIO's current operational focus and recent growth, this event is significant for current and potential investors.

Why Short Term?

The immediate distribution of dividends in Q2 2025 suggests short-term market movements. Historically, dividend announcements have led to quick price reactions, as seen with companies prior to dividend payouts.

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OWPCPLD
, /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2025. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock.  The dividends will be payable on July 24, 2025 to all stockholders, preferred stockholders and operating partnership unitholders, as applicable, of record as of the close of business on July 10, 2025. About City Office REIT, Inc. City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.4 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. Forward-looking Statements This press release contains both historical and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "approximately," "anticipate," "assume," "believe," "budget," "contemplate," "continue," "could," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "seek," "should," "target," "will" and similar expressions, and variations or negatives of these words. They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. Factors that could cause actual results to differ materially include, among other things, changes to CIO's expected liquidity position and the risk factors set forth in CIO's Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent filings with the Securities and Exchange Commission. The statements made herein speak only as of the date of this press release, and, except as required by law, CIO does not undertake any obligation to publicly update or revise any forward-looking statements. Contact City Office REIT, Inc.Anthony Maretic, CFO+1-604-806-3366[email protected] SOURCE City Office REIT, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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