Wheeler Real Estate Investment Trust, Inc. Announces $0.035 Per Share Monthly Cash Dividend
July 16 2014 - 8:30AM
Business Wire
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
(“Wheeler” or the “Company”) today announced that its Board of
Directors has authorized a $0.035 per share monthly cash dividend
for shareholders of record on July 31, 2014, to be paid on or about
August 31, 2014.
Dividend
Distribution History
Announce
Date
Record
Date
Pay
Date
Amount
Frequency
7/16/2014 7/31/2014 8/31/2014 $0.035 Monthly 6/17/2014 6/30/2014
7/31/2014 $0.035 Monthly 5/16/2014 5/31/2014 6/30/2014 $0.035
Monthly 4/17/2014 4/30/2014 5/31/2014 $0.035 Monthly 3/18/2014
3/31/2014 4/30/2014 $0.035 Monthly 2/18/2014 2/28/2014 3/31/2014
$0.035 Monthly 1/16/2014 1/31/2014 2/28/2014 $0.035 Monthly
12/13/2013 12/31/2013 1/31/2014 $0.035 Monthly 11/19/2013
11/30/2013 12/31/2013 $0.035 Monthly 10/15/2013 10/31/2013
11/30/2013 $0.035 Monthly 9/17/2013 9/30/2013 10/31/2013 $0.035
Monthly 8/16/2013 8/31/2013 9/30/2013 $0.035 Monthly 7/18/2013
7/31/2013 8/31/2013 $0.035 Monthly
About Wheeler Real Estate Investment
Trust Inc.
Headquartered in Virginia Beach, VA, Wheeler Real Estate
Investment Trust, Inc. specializes in owning, acquiring, financing,
developing, renovating, leasing and managing income producing
assets, such as community centers, neighborhood centers, strip
centers and free-standing retail properties. Wheeler’s portfolio
contains strategically selected properties, primarily leased by
nationally and regionally recognized retailers of consumer goods
and located in the Northeast, Mid-Atlantic, Southeast and Southwest
regions of the United States.
Additional information about Wheeler Real Estate Investment
Trust, Inc. can be found at the Company’s corporate website:
www.whlr.us.
Forward-Looking
Statement
Wheeler Real Estate Investment Trust, Inc. considers portions of
the information in this press release relating to its business
operations and the timing and amount of its future dividend
payments to be forward‐looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, both as amended. Although the
Company believes that the expectations reflected in such
forward‐looking statements are based upon reasonable assumptions,
it can give no assurance that its expectations will be achieved.
For example, this press release states that the Company’s monthly
dividend rate is $0.035 per share. A possible implication of this
statement is that the Company will continuously pay monthly
dividends of $0.035 per share, or $0.42 per share per year in the
future. The Company’s dividend rates are set and may be reset from
time to time by its Board of Directors. The Company’s Board of
Directors will consider many factors when setting dividend rates,
including the Company’s historical and projected income, normalized
funds from operations, the then current and expected needs and
availability of cash to pay the Company’s obligations,
distributions which may be required to be paid to maintain the
Company’s tax status as a real estate investment trust and other
factors deemed relevant by the Board of Directors in its
discretion. Accordingly, future dividend rates may be increased or
decreased, and there is no assurance as to the rate at which future
dividends will be paid. For these reasons, among others, investors
are cautioned not to place undue reliance upon any forward-looking
statements in this press release. For additional factors that could
cause the results of the Company to differ materially from those
indicated in the forward‐looking statements, please refer to the
Company's filings with the U.S. Securities and Exchange Commission
which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward‐looking
statements to reflect events or circumstances that arise after the
date hereof.
Wheeler Real Estate Investment Trust
Inc.Robin Hanisch, 757-627-9088Corporate
Secretaryrobin@whlr.usorINVESTOR RELATIONS:The Equity Group Inc.Terry Downs,
212-836-9615Associatetdowns@equityny.comorAdam Prior,
212-836-9606Senior Vice-Presidentaprior@equityny.com
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