SITE Centers Declares Fourth Quarter 2021 Class A Preferred Share Dividend

Rhea-AI Summary

SITE Centers Corp. (NYSE: SITC) has declared a fourth-quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share, equivalent to one-twentieth of a share of its 6.375% Class A Cumulative Redeemable Preferred Stock. This dividend covers the period from October 15, 2021 to January 14, 2022, and will be paid on January 17, 2022, to shareholders on record as of December 30, 2021.

Positive

• Dividend of $0.39844 indicates continued income for shareholders.

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 its fourth quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share.

Each Class A depositary share is equal to one-twentieth of a share of SITE Centers’ 6.375% Class A Cumulative Redeemable Preferred Stock. The declared Preferred Class A dividend covers the period beginning October 15, 2021 and ending January 14, 2022. The declared Preferred Class A Dividend is payable in cash on January 17, 2022 to shareholders of record at the close of business on December 30, 2021.

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/20211201006005/en/

Conor Fennerty, EVP and

Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the SITC preferred stock dividend amount for Q4 2021?

The preferred stock dividend for Q4 2021 is $0.39844 per depositary share.

When is the dividend payment date for SITE Centers Corp.?

The dividend payment date is January 17, 2022.

What is the record date for the SITC dividend?

The record date for the SITC dividend is December 30, 2021.

What period does the Q4 2021 SITC dividend cover?

The dividend covers the period from October 15, 2021, to January 14, 2022.