CBL & Associates Properties, Inc. Friday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.265 per share for the quarter ending Dec. 31. The dividend is payable on January 15, 2016, to shareholders of record as of Dec. 30.
The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending Dec. 31 for the company’s 7.375 percent Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on Dec. 30 to shareholders of record as of Dec. 14.
The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending Dec. 31 for the company’s 6.625 percent Series E Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on Dec. 30 to shareholders of record as of Dec. 14.