Developers Diversified Realty Declares Third Quarter 2009 Class G Preferred Share Dividend
August 18 2009 - 6:11PM
Marketwired
Developers Diversified Realty (NYSE: DDR), the nation's leading
owner, developer and manager of market-dominant shopping centers,
declared its third 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 June 15, 2009 and ending September 14, 2009. The declared
Preferred Class G Dividend is payable on September 15, 2009 to
shareholders of record at the close of business on August 28,
2009.
Developers Diversified, as of June 30, 2009, owned and managed
over 690 retail operating and development properties in 45 states,
plus Puerto Rico, Brazil, and Canada, totaling over 151 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: Kate Deck Investor Relations Director Developers
Diversified Realty Main: (216) 755-5500 E-mail: Email Contact
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