Fedreal Realty rings closing bell at NYSE to celebrate 40 years of success
January 9, 2008 - Financial Digest
Federal Realty Investment Trust's members of the management team and board of trustees, rang the closing bell at the New York Stock Exchange (NYSE) on Wednesday December 19th.
The bell ringing celebrates Federal Realty's 40th consecutive year of increased dividends and the trust's planned addition to the Standard & Poor's (S&P) MidCap 400.
At the close of trading December 20th, S&P added Federal Realty Investment Trust to the S&P MidCap 400.
The S&P indices are regarded as the best single gauge of the U.S. equities market. This world-renowned S&P MidCap 400 index includes leading companies in diverse sectors of the U.S. economy. The S&P is a core component of the U.S. indices that can be used as building blocks for portfolio construction.