CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 9.4% Yield
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CBL & Associates Properties Declares Common Stock Dividend and Preferred Stock Dividend
February 26, 2016 3:30 PM ESTCHATTANOOGA, 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 March 31, 2016. The dividend is payable on April 15, 2016, to shareholders of record as of March 30, 2016.
The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 31, 2016, for the Companys 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of... More
