CBL & Associates Properties Declares Common & Preferred Stock Dividends

Friday, June 01, 2012

CBL & Associates Properties, Inc. (NYSE: CBL) on Friday announced that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.22 per share for the quarter ending June 30. The dividend is payable on July 17, to shareholders of record as of June 29.

The board also declared a quarterly cash dividend of $0.484375 per depositary share for the quarter ending June 30, for the Company's 7.75% Series C Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.9375 per depositary share, is payable on June 29, to shareholders of record as of June 15.

The board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending June 30, for the Company's 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on June 29, to shareholders of record as of June 15.     


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