Retail Properties Of America, Inc. Announces Third Quarter 2021 Dividend On Common Stock

Rhea-AI Summary

Retail Properties of America, Inc. (NYSE: RPAI) announced a third-quarter dividend of $0.075 per share for its Class A common stock. The dividend will be paid on October 8, 2021, to stockholders on record as of October 1, 2021. RPAI is a REIT focused on owning and operating high-quality open-air shopping centers, with a portfolio of 102 retail properties totaling 19.9 million square feet as of March 31, 2021.

Positive

• Declared a dividend of $0.075 per share, showcasing ongoing returns for shareholders.
• Maintains a substantial portfolio of 102 retail properties across the U.S., indicating strong market presence.

Negative

• None.

OAK BROOK, Ill., July 26, 2021 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE:  RPAI) (the "Company") today announced that its board of directors declared a dividend for the Company's outstanding Class A common stock for the third quarter of 2021 of $0.075 per share. The dividend of $0.075 per share will be paid on October 8, 2021, to Class A common stockholders of record on October 1, 2021.

ABOUT RPAI
Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of March 31, 2021, the Company owned 102 retail operating properties in the United States representing 19.9 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.

CONTACT INFORMATION
Michael Gaiden
Senior Vice President – Finance
Retail Properties of America, Inc.       
(630) 634-4233

 

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SOURCE Retail Properties of America, Inc.

FAQ

What is the dividend amount announced by RPAI for Q3 2021?

Retail Properties of America, Inc. announced a dividend of $0.075 per share for Q3 2021.

When will RPAI's Q3 2021 dividend be paid?

The dividend will be paid on October 8, 2021.

What is the record date for RPAI's Q3 2021 dividend?

The record date for the dividend is October 1, 2021.

How many properties does RPAI own?

As of March 31, 2021, RPAI owns 102 retail operating properties.

What is RPAI's ticker symbol?

RPAI is publicly traded under the ticker symbol RPAI on the New York Stock Exchange.