CBL & Assoc. Properties (CBL) Declares $0.25 Quarterly Dividend; 4.3% Yield

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Go back to CBL & Assoc. Properties (CBL) Declares $0.25 Quarterly Dividend; 4.3% Yield

CBL Properties Establishes Regular Quarterly Common Stock Dividend

June 30, 2022 4:15 PM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE: CBL) today announced that its Board of Directors has established a regular quarterly cash dividend. The Board of Directors declared a dividend of $0.25 per common share, payable in all cash, for the quarter ending June 30, 2022. The dividend, which equates to an annual dividend payment of $1.00 per common share, is payable on July 20, 2022, to shareholders of record as of July 11, 2022.

It is an important milestone for CBL to reestablish a regular quarterly cash dividend, said Stephen Lebovitz, chief executive officer. Our strong operating performance and recent attractive... More