SITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2024

Rhea-AI Summary

SITE Centers (NYSE: SITC) announced a common stock dividend of $0.13 per share for the second quarter of 2024. This dividend will be payable on July 9, 2024, to shareholders who are on record as of June 18, 2024. SITE Centers owns open-air shopping centers located in suburban areas with high household incomes.

Positive

• SITE Centers declared a $0.13 per share dividend for Q2 2024.
• The dividend will be paid on July 9, 2024.
• Shareholders on record by June 18, 2024, will receive the dividend.
• Company owns shopping centers in high-income suburban areas, indicating a potentially stable revenue base.

Negative

• Dividend announcement does not mention any increase from previous periods, indicating no growth in dividend payouts.
• No information provided on the company's financial performance or future guidance.
• Lack of data on revenue or earnings per share (EPS) potentially leaves investors uninformed about the company's financial health.

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 second quarter of 2024. The dividend is payable on July 9, 2024 to shareholders of record at the close of business on June 18, 2024.

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/20240508468784/en/

Conor Fennerty, EVP and

Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the dividend per share declared by SITE Centers for Q2 2024?

SITE Centers declared a dividend of $0.13 per share for the second quarter of 2024.

When will SITE Centers pay the Q2 2024 dividend?

The dividend will be payable on July 9, 2024.

Who is eligible to receive the SITE Centers Q2 2024 dividend?

Shareholders who are on record as of June 18, 2024, will receive the dividend.

What type of properties does SITE Centers own?

SITE Centers owns open-air shopping centers in suburban areas with high household incomes.