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

Rhea-AI Summary

SITE Centers Corp. declared a dividend of $0.13 per share for Q3 2022, payable on October 7, 2022, to shareholders recorded by September 20, 2022. The company focuses on owning and managing open-air shopping centers in affluent suburban areas as a self-administered and self-managed REIT. This dividend reflects the company's commitment to returning value to shareholders amidst a stable operational framework.

Positive

• Declared a dividend of $0.13 per share, indicating a commitment to shareholder returns.

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 third quarter of 2022. The dividend is payable on October 7, 2022 to shareholders of record at the close of business on September 20, 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/20220907006163/en/

Conor Fennerty, EVP and Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the dividend amount declared by SITC for Q3 2022?

SITE Centers Corp. declared a dividend of $0.13 per share for Q3 2022.

When is the dividend payment date for SITC?

The dividend is payable on October 7, 2022.

What is the record date for the SITC dividend?

The record date for the dividend is September 20, 2022.

Is SITC's dividend sustainable?

While the announcement reflects a commitment to dividends, sustainability analysis would require further financial details.