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CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 8.3% Yield

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CBL & Associates Properties Declares Common Stock Dividend and Preferred Stock Dividend

August 24, 2016 4:15 PM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL & Associates Properties, Inc. (NYSE: CBL) today announced that its Board of Directors has declared a quarterly cash dividend for the Companys Common Stock of $0.265 per share for the quarter ending September 30, 2016. The dividend is payable on October 14, 2016, to shareholders of record as of September 30, 2016.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending September 30, 2016, for the Companys 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of... More