Welcome to our dedicated page for CDRPB news (Ticker: CDRPB), a resource for investors and traders seeking the latest updates and insights on CDRPB stock.
Cedar Realty Trust, Inc. (NYSE:CDRpB)(NYSE:CDRpC) generates frequent news related to its preferred stock and retail real estate activities, and this page tracks developments tied to the CDRPB 7.25% Series B Cumulative Redeemable Preferred Stock. The company describes itself as a Maryland corporation taxed as a real estate investment trust and a wholly owned subsidiary of Wheeler Real Estate Investment Trust, Inc., with a focus on income producing retail properties and grocery-anchored shopping centers in the Northeast.
News for CDRPB often centers on the company’s capital decisions involving its preferred stock. Cedar Realty Trust regularly issues press releases declaring cash dividends on its 7.25% Series B Cumulative Redeemable Preferred Stock and its 6.50% Series C Cumulative Redeemable Preferred Stock, specifying dividend amounts, record dates, and payment dates. These dividend announcements are important for investors who follow the income characteristics of the CDRPB security.
Another recurring theme in Cedar Realty Trust’s news is tender offers and repurchase activity involving its preferred shares. The company has announced concurrent tender offers for its Series B and Series C preferred stock, provided preliminary and final results of those offers, and reported on Board-authorized repurchase programs for the preferred stock. These updates describe how many preferred shares were tendered, how many were accepted for purchase, and the aggregate purchase prices, offering insight into the company’s preferred equity management.
By reviewing the CDRPB news feed, readers can follow Cedar Realty Trust’s announcements about preferred stock dividends, tender offers, repurchase authorizations and related corporate actions, all of which are drawn from the company’s own public communications.
Cedar Realty Trust (NYSE:CDRPB, NYSE:CDRPC) announced its Board declared cash dividends on two series of cumulative redeemable preferred stock.
The Board declared a dividend of $0.453125 per share on the 7.25% Series B and $0.40625 per share on the 6.50% Series C, both payable Feb 20, 2026 to holders of record Feb 10, 2026.
Cedar Realty Trust (NYSE:CDRpB, NYSE:CDRpC) announced the federal tax characterization of its 2025 preferred share distributions. For Series B (CDRpB) the company reports four quarterly distributions of $0.453125 per share (record dates 2/10/2025, 5/9/2025, 8/8/2025, 11/10/2025) totaling $1.812500 per share for 2025. For Series C (CDRpC) the company reports four quarterly distributions of $0.406250 per share on the same schedule, totaling $1.625000 per share for 2025. All amounts are shown as ordinary dividends with $0.000000 reported for 199A and nondividend distributions. Shareholders are advised to consult a tax advisor for personal tax treatment.
Cedar Realty Trust (NYSE:CDRpB / NYSE:CDRpC) announced that its Board declared cash dividends on two series of cumulative redeemable preferred stock.
The Board declared a dividend of $0.453125 per share on the 7.25% Series B preferred and a dividend of $0.40625 per share on the 6.50% Series C preferred, each payable on November 20, 2025 to shareholders of record as of the close of business on November 10, 2025.
Cedar Realty Trust (NYSE:CDRPB, CDRPC) announced a significant preferred stock repurchase program authorized by its Board of Directors on August 8, 2025. The program allows for the repurchase of up to $20 million of the company's 7.25% Series B and 6.50% Series C Cumulative Redeemable Preferred Stock over a 24-month period.
The repurchases can be executed through various means including open market transactions, private negotiations, and block trades. The company maintains flexibility in the program's implementation, with timing, price, and volume dependent on market conditions and regulatory requirements. Cedar Realty is not obligated to repurchase any shares and may suspend the program at any time.
Cedar Realty Trust (NYSE:CDRPB, NYSE:CDRPC) has announced dividend payments for its preferred stock series. The company declared a cash dividend of $0.453125 per share on its 7.25% Series B Preferred Stock and $0.40625 per share on its 6.50% Series C Preferred Stock.
Both dividends will be payable on August 20, 2025, to shareholders of record as of August 8, 2025.
Cedar Realty Trust has announced dividend payments for its preferred stock series. The company's Board of Directors has declared:
- A cash dividend of $0.453125 per share on the 7.25% Series B Cumulative Redeemable Preferred Stock
- A cash dividend of $0.40625 per share on the 6.50% Series C Cumulative Redeemable Preferred Stock
Both dividends will be payable on May 20, 2025, to shareholders of record as of the close of business on May 9, 2025. The announcement affects shareholders of both NYSE:CDRpB and NYSE:CDRpC stock series.
Cedar Realty Trust (NYSE:CDRPB) has completed its tender offer for Series B Cumulative Redeemable Preferred Stock, purchasing 592,372 shares at $17.75 per share. The final count showed 787,343 shares were properly tendered, resulting in a 75% proration factor.
The total purchase amount was approximately $10.5 million, excluding fees and expenses. The purchased shares represent about 41% of the Company's outstanding Series B Shares as of April 8, 2025.
The Company maintains the option to purchase additional Series B Shares in the future, subject to various factors including cash availability, financing terms, dividend payments, and regulatory restrictions. A mandatory 10-business-day waiting period applies before any additional repurchases can occur.
Cedar Realty Trust (NYSE:CDRPB) has announced the preliminary results of its tender offer for its 7.25% Series B Cumulative Redeemable Preferred Stock. The company offered to purchase up to 563,380 Series B shares at $17.75 per share in cash, with the offer expiring on April 4, 2025.
According to preliminary counts by Computershare, approximately 762,187 Series B shares were properly tendered, indicating the offer was oversubscribed. Cedar Realty expects to purchase 563,380 shares for an aggregate purchase price of approximately $10 million. Due to oversubscription, share purchases will be prorated among holders.
The final results are pending verification by Computershare. The company may purchase additional Series B shares in the future, subject to various factors including cash availability, financing terms, and dividend payment considerations. Legal requirements mandate a 10-business-day waiting period before any additional repurchases.
Cedar Realty Trust (NYSE:CDRpB, CDRpC) has announced the final results of its tender offer for its 6.50% Series C Cumulative Redeemable Preferred Stock. The company offered to purchase up to 584,615 Series C shares at $16.25 per share in cash, with the offer expiring on March 21, 2025.
Out of 1,759,473 Series C shares properly tendered, the company accepted 655,883 shares for purchase, including an additional 71,268 shares through its 2% additional purchase option. The final proration factor was approximately 37.3%. The total purchase amount was $10.6 million, representing about 18.4% of outstanding Series C shares as of March 25, 2025.
The company maintains the option to purchase additional Series C shares in the future, subject to various factors and a 10-business-day waiting period. Additionally, Cedar Realty's tender offer for 7.25% Series B Cumulative Redeemable Preferred Stock at $17.75 per share remains open until April 4, 2025.
Cedar Realty Trust (NYSE:CDRpB, CDRpC) has announced preliminary results for its Series C preferred stock tender offer and an extension of its Series B tender offer. The company plans to purchase approximately 584,615 Series C shares at $16.25 per share, totaling around $9.5 million. The Series C offer was oversubscribed with approximately 1,758,747 shares tendered.
The company has extended its Series B preferred stock tender offer until April 4, 2025, increasing the total purchase capacity by $10 million to $19.5 million. This allows for the purchase of up to 563,380 Series B shares at $17.75 per share. Preliminary results show approximately 757,127 Series B shares were tendered.
Due to Series C offer oversubscription, share purchases will be prorated. Final results are pending verification by Computershare, the depositary. The company may purchase additional Series C shares in the future, subject to various factors including cash availability and strategic objectives.