Plazacorp announces regular quarterly dividend
January 02 2012 - 10:41PM
PR Newswire (Canada)
FREDERICTON, Jan. 3, 2012 /CNW/ - Plazacorp Retail Properties Ltd.
announced today that its Board of Directors has declared its
regular quarterly cash dividend of $0.05375 per common share to be
paid on February 15, 2012 to all common shareholders of record on
January 17, 2012. For income tax purposes the full amount of this
dividend is an eligible dividend. Plazacorp acquires,
develops and redevelops unenclosed and enclosed retail real estate
throughout Atlantic Canada, Quebec and Ontario, which are
predominantly occupied by national tenants (approximately 90% of
the total). The Company's portfolio at September 30, 2011
includes interests in 112 properties totaling over 5.1 million
square feet and additional lands held for development. These
include properties directly held by Plazacorp, its subsidiaries and
through joint ventures. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange ) accepts responsibility for the
adequacy or accuracy of this release. PLAZACORP RETAIL PROPERTIES
LTD. CONTACT: visit our website atwww.plaza.caOr contact: Michael
Zakuta, President and CEO at (514) 457- 0997 orFloriana Cipollone,
CFO at (416)848-4583
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