RPT Realty Declares and Raises Common Share Dividend by 8% and Declares Preferred Share Dividend
09 Febrero 2023 - 3:20PM
RPT Realty (NYSE:RPT) (“RPT” or the “Company”)
announced today that its Board of Trustees declared a first quarter
2023 regular cash dividend of $0.14 per common share, representing
an increase of 8% over the prior quarterly rate. The Board of
Trustees also approved a first quarter 2023 Series D convertible
preferred share dividend of $0.90625 per share. The current
conversion ratio of the Series D convertible preferred shares can
be found on the Company's website at
investors.rptrealty.com/shareholder-information/dividends. The
dividends for the period January 1, 2023 through March 31, 2023 are
payable on April 3, 2023 for shareholders of record on March 20,
2023.
About RPT Realty
RPT Realty owns and operates a national
portfolio of open-air shopping destinations principally located in
top U.S. markets. The Company's shopping centers offer diverse,
locally-curated consumer experiences that reflect the lifestyles of
their surrounding communities and meet the modern expectations of
the Company's retail partners. The Company is a fully integrated
and self-administered REIT publicly traded on the New York Stock
Exchange (the “NYSE”). The common shares of the Company, par value
$0.01 per share are listed and traded on the NYSE under the ticker
symbol “RPT”. As of September 30, 2022, the Company's property
portfolio (the "aggregate portfolio") consisted of 46 wholly-owned
shopping centers, 11 shopping centers owned through its
grocery-anchored joint venture, and 48 retail properties owned
through its net lease joint venture, which together represent 15.0
million square feet of gross leasable area. As of
September 30, 2022, the Company’s pro-rata share of the
aggregate portfolio was 94.0% leased. For additional information
about the Company please visit rptrealty.com.
Company Contact:
Vin Chao, Managing Director - Finance &
Investments19 W 44th St. 10th Floor, Ste 1002New York, New York
10036vchao@rptrealty.com(212) 221-1752
RPT Realty (NYSE:RPT)
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