Brandywine hikes dividend 50%

Brandywine Realty Trust said today it raised its quarterly dividend by 50 percent to 15 cents a share from 10 cents.

The dividend is payable on Jan. 20 to shareholders on Jan. 6.

In the third quarter, the Radnor company posted a profit of $5.1 million compared with a loss of $500,000 in last year's quarter.

The company is a real estate investment trust, managing urban and suburban office properties.    - Paul Schweizer