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CBL Properties Accelerates Payment of Previously Declared Fourth Quarter Common Stock Dividend

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CBL Properties (NYSE:CBL) announced an acceleration of its previously declared fourth quarter common stock dividend payment. The $0.40 per share quarterly dividend will now be paid on December 11, 2024, to shareholders of record as of November 25, 2024. This dividend maintains the company's annual dividend rate of $1.60 per common share.

CBL Properties (NYSE:CBL) ha annunciato un'accelerazione del pagamento del dividendo trimestrale sulle azioni ordinarie precedentemente dichiarato per il quarto trimestre. Il dividendo trimestrale di $0,40 per azione sarà ora pagato il 11 dicembre 2024, agli azionisti registrati al 25 novembre 2024. Questo dividendo mantiene il tasso di dividendo annuale dell'azienda di $1,60 per azione ordinaria.

CBL Properties (NYSE:CBL) anunció una aceleración del pago de su dividendo en efectivo trimestral previamente declarado para el cuarto trimestre. El dividendo trimestral de $0.40 por acción se pagará ahora el 11 de diciembre de 2024, a los accionistas que estén registrados hasta el 25 de noviembre de 2024. Este dividendo mantiene la tasa anual de dividendos de la empresa de $1.60 por acción ordinaria.

CBL Properties (NYSE:CBL)는 이전에 발표된 4분기 보통주 배당금 지급의 가속화를 발표했습니다. 주당 $0.40의 분기 배당금은 이제 2024년 12월 11일에 지급되며, 2024년 11월 25일 기준으로 주주가 되어야 합니다. 이 배당금은 회사의 연간 배당금_rate주당 $1.60를 유지하고 있습니다.

CBL Properties (NYSE:CBL) a annoncé une accélération du paiement de son dividende trimestriel sur actions ordinaires déclaré précédemment pour le quatrième trimestre. Le dividende trimestriel de 0,40 $ par action sera désormais versé le 11 décembre 2024, aux actionnaires enregistrés au 25 novembre 2024. Ce dividende maintient le taux de dividende annuel de l'entreprise à 1,60 $ par action ordinaire.

CBL Properties (NYSE:CBL) gab eine Beschleunigung der zuvor bekanntgegebenen Ausschüttung der vierteljährlichen Dividende für das vierte Quartal bekannt. Die vierteljährliche Dividende von 0,40 USD pro Aktie wird nun am 11. Dezember 2024 an die Aktionäre ausgezahlt, die am 25. November 2024 im Aktienregister stehen. Diese Dividende hält die jährliche Dividendenrate des Unternehmens von 1,60 USD pro Stammaktie aufrecht.

Positive
  • Maintains quarterly dividend of $0.40 per share
  • Annual dividend yield of $1.60 per share demonstrates financial stability
  • Earlier payment date benefits shareholders' cash flow timing
Negative
  • None.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that its Board of Directors had approved an accelerated record and payment date for the cash dividend of $0.40 per common share for the quarter ending December 31, 2024, previously declared on October 14, 2024. The dividend, which equates to an annual dividend payment of $1.60 per common share, is now payable on December 11, 2024, to shareholders of record as of November 25, 2024.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 91 properties totaling 57.1 million square feet across 21 states, including 55 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

CBL_Corp

Investor Contact: Katie Reinsmidt, Executive Vice President & Chief Operating Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com

Source: CBL Properties

FAQ

What is CBL Properties' Q4 2024 dividend amount?

CBL Properties' Q4 2024 dividend amount is $0.40 per common share, which equates to an annual dividend of $1.60 per share.

When will CBL Properties pay its Q4 2024 dividend?

CBL Properties will pay its Q4 2024 dividend on December 11, 2024, to shareholders of record as of November 25, 2024.

Why did CBL Properties accelerate its Q4 2024 dividend payment?

The press release does not specify the reason for accelerating the Q4 2024 dividend payment date.

What is CBL Properties' annual dividend rate for 2024?

CBL Properties' annual dividend rate is $1.60 per common share for 2024.

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