CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 9.4% Yield

CBL & Assoc. Properties (NYSE: CBL) declared a quarterly dividend of $0.265 per share, or $1.06 annualized.

The dividend will be payable on April 15, 2016, to stockholders of record on March 30, 2016, with an ex-dividend date of March 28, 2016.

The annual yield on the dividend is 9.4 percent.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 31, 2016, for the Company’s 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on March 30, 2016, to shareholders of record as of March 15, 2016.

The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending March 31, 2016, for the Company’s 6.625% Series E Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on March 30, 2016, to shareholders of record as of March 15, 2016.

For a dividend history and other dividend-related data on CBL & Assoc. Properties (CBL) click here.

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