General Growth Properties (GGP) Declares $0.22 Quarterly Dividend; 4.4% Yield

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GGP Reports Third Quarter 2017 Results and Declares Fourth Quarter Dividend

October 31, 2017 7:01 AM EDT

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

GAAP Operating Results

For the three months ended September 30, 2017, net income attributable to GGP was $223 million, or $0.23 per diluted share, as compared to $674 million, or $0.70 per diluted share, in the prior year period. For the nine months ended September 30, 2017, net income attributable to GGP was $456 million, or $0.47 per diluted share, as compared to $1.05 billion, or $1.09 per... More