SITE Centers Declares Third Quarter 2022 Class A Preferred Share Dividend

Rhea-AI Summary

SITE Centers Corp. (NYSE: SITC) has declared a third quarter 2022 dividend of $0.39844 per depositary share of its Preferred Class A stock. This dividend pertains to the period from July 15, 2022 to October 14, 2022, and will be payable on October 17, 2022 to shareholders on record as of September 29, 2022. Each Class A depositary share represents one-twentieth of a share of the company’s 6.375% Class A Cumulative Redeemable Preferred Stock.

Positive

• Declared a dividend of $0.39844, indicating strong cash flow management.

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• 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 third quarter 2022 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 July 15, 2022 and ending October 14, 2022. The declared Preferred Class A Dividend is payable in cash on October 17, 2022 to shareholders of record at the close of business on September 29, 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/20220901005675/en/

SITE Centers Corp.

Conor Fennerty, EVP and Chief Financial Officer

216-755-5500

Source: SITE Centers Corp.

FAQ

What is the dividend amount declared by SITE Centers Corp. for Q3 2022?

SITE Centers Corp. declared a dividend of $0.39844 per depositary share for Q3 2022.

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

The dividend will be payable on October 17, 2022.

What is the record date for the dividend payment for SITC?

The record date for the dividend payment is September 29, 2022.

What is the duration of the dividend period for SITE Centers Corp.?

The dividend period runs from July 15, 2022, to October 14, 2022.