Developers Diversified Realty Declares Second Quarter 2008 Class G Preferred Share Dividend
May 15 2008 - 9:03AM
Marketwired
CLEVELAND, OH , the nation's leading owner, developer and
manager of market-dominant shopping centers, declared its second
quarter 2008 Preferred Class G stock dividend of $0.5000 per
depositary share. Each Class G depositary share is equal to
one-tenth of a share of Developers Diversified's 8.00% Class G
Cumulative Redeemable Preferred Stock.
The declared Preferred Class G dividend covers the period
beginning March 15, 2008 and ending June 14, 2008. The declared
Preferred Class G Dividend is payable June 16, 2008 to shareholders
of record at the close of business on May 30, 2008.
Developers Diversified currently owns and manages over 740
retail operating and development properties in 45 states, plus
Puerto Rico, Brazil, Russia and Canada, totaling over 162 million
square feet. Developers Diversified Realty is a self-administered
and self-managed real estate investment trust (REIT) operating as a
fully integrated real estate company which acquires, develops,
leases and manages shopping centers. Additional information about
Developers Diversified Realty is available on the Internet at
http://www.ddr.com.
Contact: Michelle M. Dawson Vice President of Investor Relations
Developers Diversified Realty 216.755.5455
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