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City Office REIT, Inc. (NYSE:CIO ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Secretary & Treasurer Jamie Farrar - Chief Executive Officer & Director Conference Call Participants Rob Stevenson - Janney Upal Rana - KeyBanc Capital Markets Operator Good morning, and welcome to the City Office REIT, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Appointment of first-ever CIO underscores the Company's commitment to technological innovation to accelerate justice through the Company's Case-to-Closure platform Appointment of first-ever CIO underscores the Company's commitment to technological innovation to accelerate justice through the Company's Case-to-Closure platform
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to FFO of $0.35 per share a year ago.
VANCOUVER , Aug. 1, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2024. Second Quarter Highlights Rental and other revenues were $42.3 million.
City Office REIT's preferred dividend payments are fully covered by FFO and AFFO. The REIT's balance sheet is relatively robust, with a decreasing LTV ratio. The preferred shares offer an attractive 9.4% yield with manageable risk due to robust common equity support.
Spot ether ETFs made their trading debut today, and Bitwise CIO Matt Hougan joins Josh Lipton on Asking for a Trend to break down the levels of demand seen for the ethereum-exposed (ETH-USD) products "We already know because we can see it in the trading volume that there's significant demand for these ETFs. Collectively, they traded more than $1 billion, which is just probably the second-largest ETF debut by trading volume in the history of ETFs.
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Edmund Shing, CIO of BNP Paribas Wealth Management, discusses the French election results and comments on the differing policies of the New Popular Front party.
VANCOUVER , June 28, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2024, before the market opens on Thursday, August 1, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on August 1, 2024 to discuss the Company's financial results.
VANCOUVER , June 14, 2024 /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 2024. 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.