SITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2022

Rhea-AI Summary

SITE Centers Corp. (NYSE: SITC) has declared a dividend of $0.13 per share for Q2 2022. This dividend will be payable on July 6, 2022 to shareholders on record as of June 9, 2022. As a self-administered and self-managed REIT, SITE Centers focuses on open-air shopping centers in affluent suburban areas. The company aims to enhance shareholder value through sustainable income distributions.

Positive

• Dividend of $0.13 per share declared for Q2 2022.
• Dividend payable to shareholders, reflecting commitment to returning value.

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 second quarter of 2022. The dividend is payable on July 6, 2022 to shareholders of record at the close of business on June 9, 2022.

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/20220511006019/en/

Conor Fennerty, EVP and

Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the dividend amount declared by SITE Centers for Q2 2022?

SITE Centers declared a dividend of $0.13 per share for Q2 2022.

When is the dividend payment date for SITC?

The dividend is payable on July 6, 2022.

What is the record date for the dividend payment for SITE Centers?

The record date for the dividend payment is June 9, 2022.

Is the dividend from SITE Centers sustainable?

The dividend declaration indicates a focus on returning value to shareholders, but sustainability needs ongoing evaluation.