← Back to declarations

CDP COPT Defense Properties — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Office

$33.47 ▼ $-0.46(-1.36%) as of Oct 29, 2026 06:20 UTC
Sponsored Advanced charts & data →

COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.

Dividend Snapshot

StatusGrowing
Last Dividend$0.3200Paid Oct 15, 2026
Forward Annual$1.28From the $0.3200 dividend declared Aug 13, 2026
FrequencyQuarterly
Last Ex-DateSep 30, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth3.4%Annual totals, 2024–2025
10-Yr Growth1.0%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

88/100

Very strong indicators

Complete data

Dividend Growth Score

62/100

Strong growth record

Complete data

Dividend Value Score

60/100

Below own historical valuation

Complete data

DividendRank

72/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for CDP
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Operating cash flow payout ratioOperating cash flow payout ratio 45% (TTM to Jun 30, 2026) 100 35%
Net debt / EBITDANet debt / EBITDA 6.2x (TTM to Jun 30, 2026) 70 20%
Interest coverageInterest coverage, EBITDA basis 4.5x (TTM to Jun 30, 2026) 63 15%
Dividend record34 years of uninterrupted regular payments 96 20%
Operating cash flow stabilityOperating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for CDP
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 2.1% (2020–2025) 46 25%
Consecutive annual increases3 consecutive annual increases (through 2025) 45 20%
Payout headroomHeadroom from the operating cash flow payout ratio 45% (TTM to Jun 30, 2026) 100 20%
Operating cash flow per share growth (3 years)Operating cash flow per share CAGR 7.8% (FY2022–FY2025) 89 15%
Revenue growth (3 years)Revenue CAGR 1.1% (FY2022–FY2025) 50 10%
10-year dividend growth10-year dividend CAGR 1.0% (2015–2025) 35 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Value Score is built for CDP
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 19th percentile of its 120 month-end yields 19 40%
P/OCF vs own 5-year medianP/OCF 8.4 is 0.80x its 5-year median of 10.6 80 25%
Operating cash flow yieldOperating cash flow yield 12.1% (TTM to Jun 30, 2026) 94 20%
P/OCF vs peersP/OCF 8.4 vs peer median 12.6 (0.67x; 112 reit / Real Estate securities) 92 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

Key Metrics

Current Yield

3.82%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.2800

Declared Aug 13, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

45

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$27.32 – $38.35

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

106.21% (EPS-based)

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

34

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

2.51

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Meets the Solid check: Dividend Safety Score 88/100 and yield 3.82%.
A Accelerating
3 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
34 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume645,219Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$33.95Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$33.63 – $34.04Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$33.83Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$3.80BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out113.41MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.4512 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)23.4Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 30, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)3.5%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)2.1%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases3 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose17Since Mar 1992
Rank among payers609of 2,430 with a record
Years it fell over 20%2in 33 comparable years
Of peers with 10 to 24 up years75%also cut at some point

CDP has raised its annual dividend in 17 separate years since March 1992, which ranks 609 among the 2,430 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

CDP's dividend yield rose from 3.37% to 3.82% over the past ~90 days (+0.45 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.45 pp from the share price ($37.96 on Jul 31, 2026 → $33.47 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.82%
1-Yr Average3.90%
Low / High3.34% – 4.47%
Percentile32%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), CDP's current yield is higher than approximately 32% of them. Our stored price history for CDP covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.3200 Q Regular Aug 13, 2026 Sep 30, 2026 Sep 30, 2026 Oct 15, 2026
$0.3200 Q Regular May 14, 2026 Jun 30, 2026 Jun 30, 2026 Jul 15, 2026
$0.3200 Q Regular Feb 19, 2026 Mar 31, 2026 Mar 31, 2026 Apr 15, 2026
$0.3050 Q Regular Nov 13, 2025 Dec 31, 2025 Dec 31, 2025 Jan 15, 2026
$0.3050 Q Regular Aug 14, 2025 Sep 30, 2025 Sep 30, 2025 Oct 16, 2025
$0.3050 Q Regular May 20, 2025 Jun 30, 2025 Jun 30, 2025 Jul 16, 2025
$0.3050 Q Regular Feb 20, 2025 Mar 31, 2025 Mar 31, 2025 Apr 16, 2025
$0.2950 Q Regular Nov 14, 2024 Dec 31, 2024 Dec 31, 2024 Jan 15, 2025
$0.2950 Q Regular Aug 08, 2024 Sep 30, 2024 Sep 30, 2024 Oct 17, 2024
$0.2950 Q Regular May 09, 2024 Jun 28, 2024 Jun 28, 2024 Jul 17, 2024
$0.2950 Q Regular Feb 22, 2024 Mar 27, 2024 Mar 29, 2024 Apr 17, 2024
$0.2850 Q Regular Nov 09, 2023 Dec 28, 2023 Dec 29, 2023 Jan 18, 2024
$0.2850 Q Regular Aug 10, 2023 Sep 28, 2023 Sep 29, 2023 Oct 16, 2023
$0.2850 Q Regular May 11, 2023 Jun 29, 2023 Jun 30, 2023 Jul 17, 2023
$0.2850 Q Regular N/A Mar 30, 2023 Mar 31, 2023 Apr 17, 2023
$0.2750 Q Regular N/A Dec 29, 2022 Dec 30, 2022 Jan 17, 2023
$0.2750 Q Regular N/A Sep 29, 2022 Sep 30, 2022 Oct 17, 2022
$0.2750 Q Regular N/A Jun 29, 2022 Jun 30, 2022 Jul 15, 2022
$0.2750 Q Regular N/A Mar 30, 2022 Mar 31, 2022 Apr 15, 2022
$0.2750 Q Regular N/A Dec 31, 2021 Jan 03, 2022 Jan 18, 2022
$0.2750 Q Regular N/A Sep 29, 2021 Sep 30, 2021 Oct 15, 2021
$0.2750 Q Regular N/A Jun 29, 2021 Jun 30, 2021 Jul 15, 2021
$0.2750 Q Regular N/A Mar 30, 2021 Mar 31, 2021 Apr 15, 2021
$0.2750 Q Regular N/A Dec 30, 2020 Dec 31, 2020 Jan 15, 2021
$0.2750 Q Regular N/A Sep 29, 2020 Sep 30, 2020 Oct 15, 2020
$0.2750 Q Regular N/A Jun 29, 2020 Jun 30, 2020 Jul 15, 2020
$0.2750 Q Regular N/A Mar 30, 2020 Mar 31, 2020 Apr 15, 2020
$0.2750 Q Regular N/A Dec 30, 2019 Dec 31, 2019 Jan 15, 2020
$0.2750 Q Regular N/A Sep 27, 2019 Sep 30, 2019 Oct 15, 2019
$0.2750 Q Regular N/A Jun 27, 2019 Jun 28, 2019 Jul 15, 2019
$0.2750 Q Regular N/A Mar 28, 2019 Mar 29, 2019 Apr 15, 2019
$0.2750 Q Regular N/A Dec 28, 2018 Dec 31, 2018 Jan 15, 2019
$0.2750 Q Regular N/A Sep 27, 2018 Sep 28, 2018 Oct 15, 2018
$0.2750 Q Regular N/A Jun 28, 2018 Jun 29, 2018 Jul 16, 2018
$0.2750 Q Regular N/A Mar 28, 2018 Mar 30, 2018 Apr 16, 2018
$0.2750 Q Regular N/A Dec 28, 2017 Dec 29, 2017 Jan 16, 2018
$0.2750 Q Regular N/A Sep 28, 2017 Sep 30, 2017 Oct 16, 2017
$0.2750 Q Regular N/A Jun 28, 2017 Jun 30, 2017 Jul 17, 2017
$0.2750 Q Regular N/A Mar 29, 2017 Mar 31, 2017 Apr 17, 2017
$0.2750 Q Regular N/A Dec 28, 2016 N/A N/A
$0.2750 Q Regular N/A Sep 28, 2016 N/A N/A
$0.2750 Q Regular N/A Jun 28, 2016 N/A N/A
$0.2750 Q Regular N/A Mar 29, 2016 N/A N/A
$0.2750 Q Regular N/A Dec 29, 2015 N/A N/A
$0.2750 Q Regular N/A Sep 28, 2015 N/A N/A
$0.2750 Q Regular N/A Jun 26, 2015 N/A N/A
$0.2750 Q Regular N/A Mar 27, 2015 N/A N/A
$0.2750 Q Regular N/A Dec 29, 2014 N/A N/A
$0.2750 Q Regular N/A Sep 26, 2014 N/A N/A
$0.2750 Q Regular N/A Jun 26, 2014 N/A N/A
$0.2750 Q Regular N/A Mar 27, 2014 N/A N/A
$0.2750 Q Regular N/A Dec 27, 2013 N/A N/A
$0.2750 Q Regular N/A Sep 26, 2013 N/A N/A
$0.2750 Q Regular N/A Jun 26, 2013 N/A N/A
$0.2750 Q Regular N/A Mar 26, 2013 N/A N/A
$0.2750 Q Regular N/A Dec 27, 2012 N/A N/A
$0.2750 Q Regular N/A Sep 26, 2012 N/A N/A
$0.2750 Q Regular N/A Jun 27, 2012 N/A N/A
$0.2750 Q Regular N/A Mar 28, 2012 N/A N/A
$0.4130 Q Regular N/A Dec 28, 2011 N/A N/A
$0.4130 Q Regular N/A Sep 28, 2011 N/A N/A
$0.4130 Q Regular N/A Jun 28, 2011 N/A N/A
$0.4130 Q Regular N/A Mar 29, 2011 N/A N/A
$0.4130 Q Regular N/A Dec 29, 2010 N/A N/A
$0.4130 Q Regular N/A Sep 28, 2010 N/A N/A
$0.3930 Q Regular N/A Jun 28, 2010 N/A N/A
$0.3930 Q Regular N/A Mar 29, 2010 N/A N/A
$0.3930 Q Regular N/A Dec 29, 2009 N/A N/A
$0.3930 Q Regular N/A Sep 28, 2009 N/A N/A
$0.3730 Q Regular N/A Jun 26, 2009 N/A N/A
$0.3730 Q Regular N/A Mar 27, 2009 N/A N/A
$0.3730 Q Regular N/A Dec 29, 2008 N/A N/A
$0.3730 Q Regular N/A Sep 26, 2008 N/A N/A
$0.3400 Q Regular N/A Jun 26, 2008 N/A N/A
$0.3400 Q Regular N/A Mar 27, 2008 N/A N/A
$0.3400 Q Regular N/A Dec 27, 2007 N/A N/A
$0.3400 Q Regular N/A Sep 26, 2007 N/A N/A
$0.3100 Q Regular N/A Jun 27, 2007 N/A N/A
$0.3100 Q Regular N/A Mar 28, 2007 N/A N/A
$0.3100 Q Regular N/A Dec 27, 2006 N/A N/A
$0.3100 Q Regular N/A Sep 27, 2006 N/A N/A
$0.2800 Q Regular N/A Jun 28, 2006 N/A N/A
$0.2800 Q Regular N/A Mar 29, 2006 N/A N/A
$0.2800 Q Regular N/A Dec 28, 2005 N/A N/A
$0.2800 Q Regular N/A Sep 28, 2005 N/A N/A
$0.2550 Q Regular N/A Jun 28, 2005 N/A N/A
$0.2550 Q Regular N/A Mar 29, 2005 N/A N/A
$0.2550 Q Regular N/A Dec 29, 2004 N/A N/A
$0.2550 Q Regular N/A Sep 28, 2004 N/A N/A
$0.2350 Q Regular N/A Jun 28, 2004 N/A N/A
$0.2350 Q Regular N/A Mar 29, 2004 N/A N/A
$0.2350 Q Regular N/A Dec 29, 2003 N/A N/A
$0.2350 Q Regular N/A Sep 26, 2003 N/A N/A
$0.2200 Q Regular N/A Jun 26, 2003 N/A N/A
$0.2200 Q Regular N/A Mar 27, 2003 N/A N/A
$0.2200 Q Regular N/A Dec 27, 2002 N/A N/A
$0.2200 Q Regular N/A Sep 26, 2002 N/A N/A
$0.2100 Q Regular N/A Jun 26, 2002 N/A N/A
$0.2100 Q Regular N/A Mar 26, 2002 N/A N/A
$0.2100 Q Regular N/A Dec 27, 2001 N/A N/A
$0.2100 Q Regular N/A Sep 26, 2001 N/A N/A
$0.2000 Q Regular N/A Jun 27, 2001 N/A N/A
$0.2000 Q Regular N/A Mar 28, 2001 N/A N/A
$0.2000 Q Regular N/A Dec 27, 2000 N/A N/A
$0.2000 Q Regular N/A Sep 27, 2000 N/A N/A
$0.1900 Q Regular N/A Jun 28, 2000 N/A N/A
$0.1900 Q Regular N/A Mar 29, 2000 N/A N/A
$0.1900 Q Regular N/A Dec 29, 1999 N/A N/A
$0.1900 Q Regular N/A Sep 28, 1999 N/A N/A
$0.1800 Q Regular N/A Jun 28, 1999 N/A N/A
$0.1800 Q Regular N/A Mar 29, 1999 N/A N/A
$0.1800 Q Regular N/A Dec 29, 1998 N/A N/A
$0.1800 Q Regular N/A Sep 16, 1998 N/A N/A
$0.1500 Q Regular N/A Jun 26, 1998 N/A N/A
$0.1500 Q Regular N/A Mar 27, 1998 N/A N/A
$0.1250 Q Regular N/A Dec 29, 1997 N/A N/A
$0.1250 Q Regular N/A Sep 26, 1997 N/A N/A
$0.1250 Q Regular N/A Jun 26, 1997 N/A N/A
$0.1250 Q Regular N/A Mar 26, 1997 N/A N/A
$0.1250 Q Regular N/A Dec 26, 1996 N/A N/A

Peer Comparison

Selected REIT - Office dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
KRC Kilroy Realty Corporation 6.08% 1.9% 0 yrs 74
ARE Alexandria Real Estate Equities, Inc. 7.22% 2.0% 0 yrs 65
CUZ Cousins Properties Incorporated 4.49% 1.5% 0 yrs 64
BXP BXP, Inc. 4.55% -3.0% 0 yrs 59

CDP dividend — frequently asked questions

Does COPT Defense Properties pay a dividend?

Yes. COPT Defense Properties (CDP) currently pays a dividend. The annualized dividend is about $1.28 per share, a yield of approximately 3.82%.

What is COPT Defense Properties's dividend yield?

COPT Defense Properties's dividend yield is approximately 3.82%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does COPT Defense Properties pay dividends?

COPT Defense Properties pays dividends quarterly — 4 times per year.

How long has COPT Defense Properties paid dividends?

COPT Defense Properties has 34 years of dividend payments on record, and has increased its dividend for 3 consecutive years.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.