General Growth Properties Declares Dividend on Common Stock
October 06 2005 - 5:53PM
Business Wire
General Growth Properties, Inc. (NYSE:GGP) today declared a
dividend of $0.41 per share, payable October 31, 2005, to common
stockholders of record as of October 18, 2005. The current dividend
represents an increase of 13.9% over the third quarter 2004
dividend of $0.36 per share. General Growth Properties, Inc. is the
second largest U.S.-based publicly traded Real Estate Investment
Trust (REIT). General Growth currently has ownership interest and
management responsibility for a portfolio of 209 regional shopping
malls in 44 states, as well as ownership in planned community
developments and commercial office buildings. The company portfolio
totals approximately 200 million square feet of retail space and
includes over 18,000 retailers nationwide. General Growth
Properties, Inc. is listed on the New York Stock Exchange under the
symbol GGP. For more information, please visit the company Web site
at http://www.generalgrowth.com.
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