General Growth Properties (GGP) Declares $0.22 Quarterly Dividend; 3.8% Yield

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GGP Reports Second Quarter 2017 Results and Declares Third Quarter Dividend

August 2, 2017 6:30 AM EDT

CHICAGO--(BUSINESS WIRE)-- GGP Inc. (the Company or GGP) (NYSE: GGP) today reported results for the three and six months ended June 30, 2017.

GAAP Operating Results

For the three months ended June 30, 2017, net income attributable to GGP was $126 million, or $0.13 per diluted share, as compared to $186 million, or $0.19 per diluted share, in the prior year period. For the six months ended June 30, 2017, net income attributable to GGP was $233 million, or $0.24 per diluted share, as compared to $378 million,... More