WP Glimcher (WPG) Declares $0.25 Quarterly Dividend; 11.5% Yield
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WP Glimcher Reports Fourth Quarter and Fiscal-Year 2015 Results; Board of Directors Approves Quarterly Dividend
February 25, 2016 4:35 PM ESTCOLUMBUS, Ohio--(BUSINESS WIRE)-- WP Glimcher Inc. (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today reported financial and operating results for the fourth quarter and fiscal-year ended December 31, 2015.
2015 was our first year as WP Glimcher and we have built a solid foundation to drive long-term growth as we enter 2016, stated Michael P. Glimcher, CEO. We will deliver growth this year with a focus on increasing occupancy, operating with a lean and efficient corporate structure, and improving our investment grade balance sheet.
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