Welcome to our dedicated page for SITE Centers Common Shares news (Ticker: SITC), a resource for investors and traders seeking the latest updates and insights on SITE Centers Common Shares stock.
SITE Centers Corp. (SITC) is a leading United States-based self-administered and self-managed real estate investment trust (REIT). Operating as a fully integrated real estate company, SITE Centers Corp. excels in owning, leasing, acquiring, redeveloping, and managing high-quality shopping centers. The company’s portfolio is strategically concentrated in high barrier-to-entry markets with stable populations and high growth potential, including top markets across the United States and Puerto Rico.
Known for its value-oriented approach, SITE Centers Corp. actively manages its assets to create long-term shareholder value. Recent achievements have seen the company working on multiple redevelopment projects aimed at enhancing the shopping experience and increasing operational efficiency. With a solid financial condition, the company continues to seek opportunities for growth through acquisitions and strategic partnerships.
Publicly traded on the New York Stock Exchange under the ticker symbol SITC, SITE Centers Corp. remains committed to delivering value to its investors. For additional information and the latest updates, you can visit their official website at www.ddr.com.
Hudson Pacific Properties (NYSE: HPP) announced the appointment of Barry Sholem to its Board of Directors effective March 13, 2023, succeeding Robert Harris II. Sholem, founder of MSD Partners, brings extensive experience in real estate investment and management. He aims to leverage his skills to enhance shareholder value amidst ongoing industry dynamics. CEO Victor Coleman expressed gratitude for Harris's nine years of service, noting the strategic advantages of Sholem's appointment, particularly his track record through various market cycles. Hudson Pacific continues to focus on real estate solutions tailored for tech and media tenants.
SITE Centers Corp. (NYSE: SITC) has declared its first quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share. This dividend pertains to the period from January 15, 2023 to April 14, 2023 and is payable on April 17, 2023 to shareholders of record as of March 30, 2023. Each Class A depositary share represents one-twentieth of a share of the company’s 6.375% Class A Cumulative Redeemable Preferred Stock. SITE Centers focuses on managing open-air shopping centers in affluent suburban areas.
SITE Centers Corp. (NYSE: SITC) announced a dividend of
SITE Centers Corp. (NYSE: SITC) reported its operating results for Q4 and the year ended December 31, 2022. For Q4, net income attributable to common shareholders was $25.4 million, down from $56.2 million YoY. Operating FFO was $62.5 million, slightly lower than $63.8 million in the previous year. Annual net income increased to $157.6 million from $106.1 million, while Operating FFO rose to $253.3 million. The leased rate improved to 95.4%. Notable activities included acquiring a convenience shopping center for $5.8 million and selling assets for $166.7 million. The company forecasts 2023 net income per diluted share between $0.16 and $0.24.
SITE Centers Corp. (NYSE: SITC) will release its financial and operational results for the quarter ended December 31, 2022, on February 8, 2023, prior to market open. The company will conduct a quarterly earnings conference call and audio webcast on the same day at 8:30 a.m. Eastern Time. Interested parties can join via phone or listen online at the company’s investor relations website. A replay of the call will be available after the live event, accessible through specific phone numbers and the website until March 8, 2023. SITE Centers is a self-administered and self-managed real estate investment trust focused on open-air shopping centers.
SITE Centers Corp. (NYSE: SITC) has announced the tax allocations for 2022 distributions on its common and preferred shares. Shareholders should refer to Form 1099-DIV for details on allocations, which must be reported on their 2022 federal income tax returns. Key dates include the common share distribution on
SITE Centers Corp. (NYSE: SITC) announced the sale of 4 shopping centers and 1 parcel totaling
SITE Centers Corp. (NYSE: SITC) has announced a new $100 million stock repurchase program, following the exhaustion of its prior program in December, which used $22.2 million from property sales. The company intends to employ various methods for share repurchases, including open market transactions and accelerated repurchases. Timing will rely on market conditions, and the program could be paused at any time.
SITE Centers is a REIT focused on open-air shopping centers in affluent suburban areas.
SITE Centers Corp. (NYSE: SITC) has declared its fourth-quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share. This dividend applies to the period from October 15, 2022 to January 14, 2023, and will be paid on January 17, 2023 to shareholders on record as of December 30, 2022. Each Class A depositary share represents one-twentieth of a share of the company’s 6.375% Class A Cumulative Redeemable Preferred Stock, reflecting the company's commitment to providing income to its stakeholders.
SITE Centers Corp. (NYSE: SITC) has declared a dividend of
FAQ
What is the current stock price of SITE Centers Common Shares (SITC)?
What is the market cap of SITE Centers Common Shares (SITC)?
What does SITE Centers Corp. specialize in?
Where are SITE Centers Corp.'s properties located?
What is the ticker symbol for SITE Centers Corp. on the New York Stock Exchange?
How does SITE Centers Corp. create long-term shareholder value?
Is SITE Centers Corp. a self-managed company?
What recent projects has SITE Centers Corp. undertaken?
How can I get more information about SITE Centers Corp.?
What are the growth strategies of SITE Centers Corp.?
How does SITE Centers Corp. select its property markets?
What type of real estate company is SITE Centers Corp.?
