Cedar Shopping Centers (CDR) Reports Q3 FFO of $0.12, Will Reduce 2012 Dividend by 16.7%
Cedar Shopping C
The Company's Board of Directors has determined to reduce the quarterly dividend for 2012 to a target rate of $0.05 per share, down from $0.06 per share in its prior quarter (an annual rate of $0.20 per share).
enters, Inc. (NYSE: CDR) reported Q3 FFO of $0.12, versus $0.14 reported last year.
The Company's Board of Directors has determined to reduce the quarterly dividend for 2012 to a target rate of $0.05 per share, down from $0.06 per share in its prior quarter (an annual rate of $0.20 per share).