COPT Defense (CDP)
Office | Secondary / Suburban
Company Fundamentals
Hoya research data: Updated Nov 10, 2026, 3:00 AM ET
Alpha Vantage company information: Updated Nov 9, 2026, 6:00 PM ET
COPT Defense (CDP) is tracked in the Hoya Capital REIT and real estate database, classified under Office with a Secondary / Suburban focus. The company came public in 1991. It is categorized as a Mid-Cap name in the database. The company has an equity market capitalization of approximately $3.8 billion. Shares recently traded near $33.46 with a dividend yield of about 3.83 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $1.28 per share. Its FFO payout ratio is roughly 50 percent. The dividend was raised by about 4.5 percent over the past year. The stock is priced at roughly 11.6 times estimated 2026 funds from operations. Balance sheet leverage stands near 6.1 times debt to EBITDA. S&P rates the company's credit at BBB-. Moody's rates the company's credit at Baa2. The next scheduled ex-dividend date on file is 2026-12-31. Its management structure is listed as internal in the database. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.
COPT Defense Properties (CDP) is a niche real estate investment trust (REIT) dedicated to the acquisition, development, and management of properties that serve defense and government contractors. With a strategic focus on locations near critical defense installations, CDP is well-positioned to deliver stable, long-term cash flows that align with its tenants' needs amid a dynamic geopolitical landscape. The company’s disciplined capital allocation and robust development pipeline underscore its commitment to maximizing shareholder value while actively supporting national security initiatives.
Use the REIT directory to explore COPT Defense alongside other companies tracked in the database, or visit the sector research hub for coverage of the broader property sector.
Dividend History
| Year | Dividends per share ($) |
|---|---|
| 2016 | $1.10 |
| 2017 | $1.10 |
| 2018 | $1.10 |
| 2019 | $1.10 |
| 2020 | $1.10 |
| 2021 | $1.10 |
| 2022 | $1.10 |
| 2023 | $1.13 |
| 2024 | $1.17 |
| 2025 | $1.21 |
| 2026 | $1.28 |
Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.
Company website: www.copt.com