CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 13.6% 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 July 17, 2017, to stockholders of record on June 30, 2017, with an ex-dividend date of June 28, 2017.

The annual yield on the dividend is 13.6 percent.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending June 30, 2017, 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 June 30, 2017, to shareholders of record as of June 15, 2017.

The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending June 30, 2017, 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 June 30, 2017, to shareholders of record as of June 15, 2017

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

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