Developers Diversified Realty Declares Second Quarter 2009 Class G Preferred Share Dividend
May 15 2009 - 9:49AM
Marketwired
Developers Diversified Realty (NYSE: DDR), owner, manager and
developer of an international portfolio of highly valued shopping
centers, declared its first quarter 2009 Preferred Class G stock
dividend of $0.50 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, 2009 and ending June 14, 2009. The declared
Preferred Class G Dividend is payable on June 16, 2009 to
shareholders of record at the close of business on May 29,
2009.
Developers Diversified currently owns and manages over 700
retail operating and development properties in 45 states, plus
Puerto Rico, Brazil, and Canada, totaling over 153 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: Tom Morabito Senior Director of Investor Relations
Developers Diversified Realty Main: (216) 755-5500 E-mail: Email
Contact
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