SITE Centers Declares Common Stock Dividend of $0.13 for First Quarter 2023

Rhea-AI Summary

SITE Centers Corp. (NYSE: SITC) announced a dividend of $0.13 per share for Q1 2023. This dividend will be paid on April 6, 2023, to shareholders on record by the close of business on March 17, 2023. SITE Centers operates open-air shopping centers in affluent suburban areas, functioning as a self-administered and self-managed REIT. The company's strategic focus on high household income communities positions it favorably in the retail real estate market.

Positive

• Declared a dividend of $0.13 per share for Q1 2023 payable on April 6, 2023.
• Strategic focus on affluent suburban areas enhances potential for stable income.

Negative

• None.

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the first quarter of 2023. The dividend is payable on April 6, 2023 to shareholders of record at the close of business on March 17, 2023.

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230214005783/en/

Conor Fennerty, EVP and

Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the dividend amount for SITE Centers Corp. in Q1 2023?

SITE Centers Corp. declared a dividend of $0.13 per share for Q1 2023.

When will the dividend for SITE Centers Corp. be paid?

The dividend will be paid on April 6, 2023.

What is the record date for the dividend of SITE Centers Corp.?

The record date for the dividend is March 17, 2023.