Washington Prime Group Board of Directors Declares Quarterly Dividend
November 13 2018 - 4:05PM
Washington Prime Group Inc. (NYSE: WPG) today announced that the
Company’s Board of Directors declared a quarterly cash dividend on
its common shares and operating partnership units. A cash
dividend of $0.25 per common share and operating partnership unit
was declared. The dividend is payable on December 17, 2018 to
shareholders and operating partnership unit holders of record on
December 3, 2018.
In addition, the Board of Directors declared
quarterly cash dividends of $0.4688 per Series H preferred share of
beneficial interest, $0.4297 per Series I preferred share of
beneficial interest, and $0.4563 per Series I-1 preferred unit of
Preferred Limited Partnership Interest. Each of the cash dividends
on these preferred shares and preferred units is payable on January
15, 2019 to shareholders and operating partnership unit holders of
record on December 31, 2018.
About Washington Prime
GroupWashington Prime Group Inc. is a retail REIT and a
recognized leader in the ownership, management, acquisition and
development of retail properties. The Company combines a national
real estate portfolio with an investment grade balance sheet,
leveraging its expertise across the entire shopping center sector
to increase cash flow through rigorous management of assets and
provide new opportunities to retailers looking for growth
throughout the U.S. Washington Prime Group® is a registered
trademark of the Company. Learn more at
www.washingtonprime.com.
ContactKimberly A. Green, VP,
Investor Relations & Corporate Communications, 614.887.5647 or
kim.green@washingtonprime.com
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