Inland Real Estate Corporation Pays July and Declares August Cash Distribution to Common Stockholders
July 17 2015 - 5:05PM
Business Wire
Inland Real Estate Corporation (NYSE: IRC) announced that today
it paid a cash distribution of $0.0475 per share on the outstanding
shares of its common stock to common stockholders of record at the
close of business on June 30, 2015.
In addition, the Company has declared a cash distribution of
$0.0475 per share on the outstanding shares of its common stock,
payable on August 17, 2015, to common stockholders of record at the
close of business on July 31, 2015.
About Inland Real Estate Corporation
Inland Real Estate Corporation is a self-advised and
self-managed publicly traded real estate investment trust focused
on owning and operating open-air neighborhood, community and power
shopping centers located in well-established markets primarily in
the Central and Southeastern United States. As of March 31, 2015,
the Company owned interests in 134 fee simple investment
properties, including 33 owned through its unconsolidated joint
ventures, with aggregate leasable space of approximately 15 million
square feet. Additional information on Inland Real Estate
Corporation is available at http://www.inlandrealestate.com. To
connect with Inland Real Estate Corporation via LinkedIn, visit
http://www.linkedin.com/company/inland-real-estate-corporation, or
via Twitter at www.twitter.com/IRC_REIT.
Certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not reflect historical facts and
instead reflect our management’s intentions, beliefs, expectations,
plans or predictions of the future. Forward-looking statements can
often be identified by words such as “believe,” “expect,”
“anticipate,” “intend,” “estimate,” “may,” “will,” “should” and
“could.” Examples of forward-looking statements include, but are
not limited to, statements that describe or contain information
related to matters such as management’s intent, belief or
expectation with respect to our financial performance, investment
strategy or our portfolio, our ability to address debt maturities,
our cash flows, our growth prospects, the value of our assets, our
joint venture commitments and the amount and timing of anticipated
future cash distributions. Forward-looking statements reflect the
intent, belief or expectations of our management based on their
knowledge and understanding of our business and industry and their
assumptions, beliefs and expectations with respect to the market
for commercial real estate, the U.S. economy and other future
conditions. Forward-looking statements are not guarantees of future
performance, and investors should not place undue reliance on them.
Actual results may differ materially from those expressed or
forecasted in forward-looking statements due to a variety of risks,
uncertainties and other factors, including but not limited to the
risks listed and described under Item 1A”Risk Factors” in our
Annual Report on Form 10-K for the year ended December 31, 2014, as
filed with the Securities and Exchange Commission (the “SEC”) on
February 27, 2015, as they may be revised or supplemented by us in
subsequent Reports on Form 10-Q and other filings with the SEC.
Except as otherwise required by applicable law, the Company
disclaims any obligation or undertaking to publicly release any
updates or revisions to any forward-looking statement in this
release to reflect any change in the Company's expectations or any
change in events, conditions or circumstances on which any such
statement is based.
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Inland Real Estate CorporationDawn Benchelt, Director of
Investor Relations(630) 218-7364ir@inlandrealestate.com
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