Gold prices steady ahead of Fed decision; weekly weakness noted
BETHESDA, Md. - JBG SMITH (NYSE:JBGS), a mixed-use property owner and developer focused on the Washington, DC market, announced Thursday its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend represents a 3.63% yield, making it an attractive option for income investors. According to InvestingPro analysis, the stock is currently trading near its 52-week high of $19.27, with impressive returns of over 28% in the past six months.
The dividend will be paid on August 21, 2025, to shareholders of record as of August 7, 2025, according to a company press release.
JBG SMITH specializes in properties located in Metro-served submarkets around Washington, DC, with approximately 75% of its holdings concentrated in the National Landing area of Northern Virginia.
The company’s current portfolio comprises 11.9 million square feet of multifamily, office and retail assets, with 98% located near Metro stations. JBG SMITH also maintains a development pipeline of 8.9 million square feet of primarily multifamily development opportunities.
The firm identifies Amazon’s headquarters, Virginia Tech’s Innovation Campus, proximity to the Pentagon, and its own placemaking initiatives as key demand drivers for its National Landing properties.
JBG SMITH states it maintains carbon neutral operations and focuses on developing green, smart, and healthy buildings throughout the Washington metropolitan area.
In other recent news, JBG SMITH has acquired the Tysons Dulles Plaza, a three-building office campus in Tysons, Virginia. The 15-acre property boasts approximately 500,000 square feet of office space and 1,553 parking spaces. This acquisition is strategically located near the Spring Hill Metro station and adjacent to Route 267, placing it within Northern Virginia’s business district. The move aligns with JBG SMITH’s ongoing expansion and investment in prime real estate locations. The company announced the acquisition through a press release, highlighting its commitment to enhancing its portfolio in key markets. This development is part of JBG SMITH’s broader strategy to strengthen its presence in the region. The acquisition underscores the company’s focus on capitalizing on opportunities in high-demand areas. Investors may find this move significant as it reflects JBG SMITH’s efforts to bolster its real estate holdings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.