CBL Properties (CBL) Raises Quarterly Dividend 6.7% to $0.40; 6.9% Yield
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CBL Properties Announced 6.7% Increase in Quarterly Dividend
February 8, 2024 4:15 PM ESTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE: CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending March 31, 2024, a 6.7% increase from the previous quarterly dividend rate. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on March 29, 2024, to shareholders of record as of March 15, 2024.
We are pleased to demonstrate our commitment to returning value to shareholders by announcing a 6.7% increase in the... More
