BEACHWOOD, Ohio, Sept. 15, 2011 /PRNewswire/ -- DDR Corp. (NYSE:
DDR) declared its third quarter 2011 Preferred Class H stock
dividend of $0.460938 per depositary
share and Preferred Class I stock dividend of $0.46875 per depositary share.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO
)
Each Class H depositary share is equal to one-twentieth of a
share of DDR's 7.375% Class H Cumulative Redeemable Preferred
Stock. The declared Preferred Class H dividend covers the period
beginning July 15, 2011 and ending
October 14, 2011. The declared
Preferred Class H Dividend is payable October 17, 2011 to shareholders of record at the
close of business on September 30,
2011.
Each Class I depositary share is equal to one-twentieth of a
share of DDR's 7.5% Class I Cumulative Redeemable Preferred Stock.
The declared Preferred Class I dividend covers the period beginning
July 15, 2011 and ending October 14, 2011. The declared Preferred Class I
Dividend is payable October 17, 2011
to shareholders of record at the close of business on September 30, 2011.
About DDR
DDR is an owner and manager of 546 primarily open-air,
value-oriented shopping centers that leverages its retail knowledge
to help tenants be successful and create value for its
shareholders. DDR operates a total of 126 million square feet in 41
states, Puerto Rico and
Brazil, concentrated in high
barrier-to-entry markets with stable populations and high growth
potential. DDR is a self-administered and self-managed REIT
operating as a fully integrated real estate company, and is
publicly traded on the New York Stock Exchange under the ticker
symbol DDR. Additional information about the company is available
at www.ddr.com.
SOURCE DDR Corp.