General Growth Properties (GGP) Declares $0.19 Quarterly Dividend; 2.7% Yield

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Go back to General Growth Properties (GGP) Declares $0.19 Quarterly Dividend; 2.7% Yield

GGP Reports Full Year 2015 Results, and Declares First Quarter Dividend

February 1, 2016 4:01 PM EST

CHICAGO--(BUSINESS WIRE)-- General Growth Properties, Inc. (the Company or GGP) (NYSE: GGP) today reported results for the three and twelve months ended December 31, 2015.

Financial Results

For the Three Months Ended December 31, 2015

Comparable net operating income (Same Store NOI) increased 6.7% to $624 million from $585 million in the prior year period.

Company earnings before interest, taxes, depreciation and amortization (Company EBITDA) increased 6.5% to $588 million from $553 million in the prior year period.

Company funds from... More