General Growth Properties Declares Quarterly Dividend on Common Stock
October 06 2006 - 4:02PM
Business Wire
General Growth Properties, Inc. (NYSE:GGP) today declared a
dividend of $0.45 per share, payable October 31, 2006, to common
stockholders of record as of October 17, 2006. The current dividend
represents an increase of approximately 10 percent over the
comparable period one year ago. Since going public in 1993, the
Company has increased its dividend at a compound annual growth rate
of approximately 10%. The Company is the second largest U.S.-based
publicly traded Real Estate Investment Trust based upon market
capitalization. The Company currently has an ownership interest in
or management responsibility for a portfolio of 200 regional
shopping malls in 44 states, as well as ownership in master planned
community developments and commercial office buildings. The Company
portfolio totals approximately 200 million square feet of retail
space and includes over 24,000 retail stores nationwide. The
Company is listed on the New York Stock Exchange under the symbol
�GGP�. For more information, please visit the Company Web site at
www.generalgrowth.com. General Growth Properties, Inc. (NYSE:GGP)
today declared a dividend of $0.45 per share, payable October 31,
2006, to common stockholders of record as of October 17, 2006. The
current dividend represents an increase of approximately 10 percent
over the comparable period one year ago. Since going public in
1993, the Company has increased its dividend at a compound annual
growth rate of approximately 10%. The Company is the second largest
U.S.-based publicly traded Real Estate Investment Trust based upon
market capitalization. The Company currently has an ownership
interest in or management responsibility for a portfolio of 200
regional shopping malls in 44 states, as well as ownership in
master planned community developments and commercial office
buildings. The Company portfolio totals approximately 200 million
square feet of retail space and includes over 24,000 retail stores
nationwide. The Company is listed on the New York Stock Exchange
under the symbol "GGP". For more information, please visit the
Company Web site at www.generalgrowth.com.
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