CBL & Assoc. Properties (CBL) Declares $0.075 Quarterly Dividend; 13.5% Yield

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CBL Properties Declares Common Stock Dividend and Preferred Stock Dividend

February 25, 2019 3:16 PM EST

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE: CBL) today announced that its Board of Directors has declared a quarterly cash dividend for the Companys Common Stock of $0.075 per share for the quarter ending March 31, 2019. The dividend is payable on April 16, 2019, to shareholders of record as of April 1, 2019.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 31, 2019, for the Companys 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of... More