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Cedar Realty Trust Declares Dividends On Common And Preferred Stock

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Cedar Realty Trust (NYSE: CDR) has announced a cash dividend of $0.066 per share on its common stock, payable on November 22, 2021, to shareholders of record as of November 12, 2021. Additionally, the company will pay a dividend of $0.453125 per share on its 7¼% Series B Preferred Stock and $0.40625 per share on its 6½% Series C Preferred Stock, both also payable on November 22, 2021. Cedar Realty Trust focuses on grocery-anchored shopping centers in high-density urban markets along the East Coast.

Positive
  • Approval of $0.066 dividend per common share, indicating strong cash flow.
  • Preferred stock dividends of $0.453125 and $0.40625 support investor income.
Negative
  • None.

MASSAPEQUA, N.Y., Oct. 13, 2021 /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 November 22, 2021 to shareholders of record as of the close of business on November 12, 2021.

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 November 22, 2021 to shareholders of record as of the close of business on November 12, 2021.

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 November 22, 2021 to shareholders of record as of the close of business on November 12, 2021.

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.

Cision View original content:https://www.prnewswire.com/news-releases/cedar-realty-trust-declares-dividends-on-common-and-preferred-stock-301399677.html

SOURCE Cedar Realty Trust, Inc.

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