CBL & Associates Properties, Inc. Thursday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.245 per share for the quarter ending Sept. 30. The dividend is payable on Oct. 15 to shareholders of record as of Sept. 30.
The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending Sept. 30 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 Sept. 30 to shareholders of record as of Sept. 15.
The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending Sept. 30 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 Sept. 30 to shareholders of record as of Sept. 15.