CEDAR REALTY TRUST DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCK

Rhea-AI Summary

Cedar Realty Trust, Inc. (NYSE: CDR) has announced a cash dividend of $0.066 per share on its Common Stock and dividends of $0.453125 and $0.40625 per share on its Series B and Series C Cumulative Redeemable Preferred Stock, respectively. All dividends are payable on February 22, 2022 to shareholders of record as of February 11, 2022. Cedar Realty Trust operates grocery-anchored shopping centers across key urban markets, holding a portfolio of 53 properties with approximately 7.6 million square feet of gross leasable area.

Positive

• Dividend of $0.066 per share on Common Stock benefits shareholders.
• Preferred Stock dividends of $0.453125 (Series B) and $0.40625 (Series C) reflect company confidence.

Negative

• None.

MASSAPEQUA, N.Y., Jan. 20, 2022 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.066 per share on the Company's Common Stock, payable on February 22, 2022 to shareholders of record as of the close of business on February 11, 2022.

The Company announced that the Board has approved payment of a cash dividend of $0.453125 per share on the Company's 7¼% Series B Cumulative Redeemable Preferred Stock payable on February 22, 2022 to shareholders of record as of the close of business on February 11, 2022.

The Company also announced that the Board has approved payment of a cash dividend of $0.40625 per share on the Company's 6½% Series C Cumulative Redeemable Preferred Stock payable on February 22, 2022 to shareholders of record as of the close of business on February 11, 2022.

About Cedar Realty Trust
Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company's portfolio (excluding properties treated as "held for sale") comprises 53 properties, with approximately 7.6 million square feet of gross leasable area.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.

View original content:https://www.prnewswire.com/news-releases/cedar-realty-trust-declares-dividends-on-common-and-preferred-stock-301465303.html

SOURCE Cedar Realty Trust, Inc.

FAQ

What is the dividend amount for Cedar Realty Trust's Common Stock?

Cedar Realty Trust has declared a dividend of $0.066 per share on its Common Stock.

When is the dividend for Cedar Realty Trust's Common Stock payable?

The dividend for Cedar Realty Trust's Common Stock is payable on February 22, 2022.

What are the dividend amounts for Cedar Realty Trust's Preferred Stocks?

The dividend amounts are $0.453125 for Series B and $0.40625 for Series C.

When will the Preferred Stock dividends be paid?

The Preferred Stock dividends are also payable on February 22, 2022.