Cedar Realty Trust Declares Dividends On Common And Preferred Stock

Rhea-AI Summary

Cedar Realty Trust (NYSE: CDR) has announced a cash dividend payment of $0.066 per share on its Common Stock, payable on February 22, 2021, to shareholders of record by February 10, 2021. Additionally, the Board approved a dividend of $0.453125 per share on the 7 ¼% Series B Cumulative Redeemable Preferred Stock, and $0.40625 per share on the 6 ½% Series C Cumulative Redeemable Preferred Stock, both payable on the same date to the same record date. Cedar Realty focuses on grocery-anchored shopping centers in urban markets, with a portfolio of 54 properties comprising approximately 8.2 million square feet.

Positive

• Declared cash dividend of $0.066 per share on common stock.
• Declared cash dividend of $0.453125 per share on Series B Preferred Stock.
• Declared cash dividend of $0.40625 per share on Series C Preferred Stock.

Negative

• None.

PORT WASHINGTON, N.Y., Jan. 15, 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 February 22, 2021 to shareholders of record as of the close of business on February 10, 2021.

The Company announced that the Board has approved payment of a cash dividend of $0.453125 per share on the Company's 7 ¼% Series B Cumulative Redeemable Preferred Stock payable on February 22, 2021 to shareholders of record as of the close of business on February 10, 2021.

The Company also announced that the Board has approved payment of a cash dividend of $0.40625 per share on the Company's 6 ½% Series C Cumulative Redeemable Preferred Stock payable on February 22, 2021 to shareholders of record as of the close of business on February 10, 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 54 properties, with approximately 8.2 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.

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SOURCE Cedar Realty Trust, Inc.

FAQ

What is the dividend amount for Cedar Realty Trust's common stock for February 2021?

Cedar Realty Trust has declared a cash dividend of $0.066 per share on its common stock.

When is Cedar Realty Trust's dividend payment date for February 2021?

The dividend payment date is February 22, 2021.

Who is eligible for the Cedar Realty Trust dividend payments in February 2021?

Shareholders of record as of the close of business on February 10, 2021, are eligible.

What are the dividend amounts for Cedar Realty Trust's preferred stock in February 2021?

The dividends are $0.453125 per share on the Series B Preferred Stock and $0.40625 per share on the Series C Preferred Stock.