Form 8-K Wheeler Real Estate Inve For: Aug 14

Go back to Form 8-K Wheeler Real Estate Inve For: Aug 14

Wheeler REIT (WHLR) Announces $4.2M Acquisition of Three Development Properties

August 19, 2014 8:33 AM EDT

Wheeler REIT (Nasdaq: WHLR) announced that it has acquired three development properties for an acquisition value of $4.2 million. The three assets were acquired from Development Fund I, LLC, an affiliate of the Company, and were paid for using a combination of cash and the assumption of debt. The Company plans to develop the parcels into future retail properties.

Jon S. Wheeler, Chairman and Chief Executive Officer, stated, "We are very pleased to close on these three... More

Wheeler REIT (WHLR) Declares $0.035 Monthly Dividend; 8.6% Yield

August 18, 2014 9:22 AM EDT

Wheeler REIT (NASDAQ: WHLR) declared a monthly dividend of $0.035 per share, or $0.42 annualized.

The dividend will be payable on September 30, 2014, to stockholders of record on August 31, 2014, with an ex-dividend date of August 27, 2014.

The annual yield on the dividend is 8.6 percent.

For... More