Cedar Realty Trust Declares Dividends on Preferred Stock

Rhea-AI Summary

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.

Positive

• Consistent dividend payments maintained for both Series B and C preferred stocks
• Higher dividend rate of 7.25% on Series B preferred stock offering attractive yield

Negative

• None.

VIRGINIA BEACH, VA / ACCESS Newswire / April 29, 2025 / Cedar Realty Trust, Inc. (NYSE:CDRpB)(NYSE:CDRpC) (the "Company") announced today that its Board of Directors declared the payment of a cash dividend of $0.453125 per share on the Company's 7.25% Series B Cumulative Redeemable Preferred Stock, payable on May 20, 2025 to shareholders of record as of the close of business on May 9, 2025.

The Company also announced that the Board declared the payment of a cash dividend of $0.40625 per share on the Company's 6.50% Series C Cumulative Redeemable Preferred Stock, payable on May 20, 2025 to shareholders of record as of the close of business on May 9, 2025.

About Cedar Realty Trust, Inc.

Cedar Realty Trust, Inc., a wholly-owned subsidiary of Wheeler Real Estate Investment Trust, Inc., is a Maryland corporation (taxed as a real estate investment trust) that focuses on owning and operating income producing retail properties with a primary focus on grocery-anchored shopping centers in the Northeast. The Company's portfolio comprises 14 properties, with approximately 2.3 million square feet of gross leasable area.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.whlr.us.

Contact Information:

Cedar Realty Trust, Inc.
(757) 627-9088

SOURCE: Cedar Realty Trust, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the dividend amount for Cedar Realty Trust Series B preferred stock (CDRPB) in May 2025?

Cedar Realty Trust will pay $0.453125 per share on its 7.25% Series B Preferred Stock, with payment scheduled for May 20, 2025.

When is the record date for Cedar Realty Trust CDRPB preferred stock dividend?

The record date for Cedar Realty Trust's Series B preferred stock dividend is May 9, 2025.

What is the dividend yield for Cedar Realty Trust Series B preferred stock?

Cedar Realty Trust Series B preferred stock has a 7.25% dividend yield rate, with quarterly payments of $0.453125 per share.

How much will Cedar Realty Trust pay in Series C preferred stock dividends?

Cedar Realty Trust will pay $0.40625 per share on its 6.50% Series C Preferred Stock on May 20, 2025.

What is the difference between Cedar Realty Trust CDRPB and CDRPC dividend rates?

Cedar Realty Trust CDRPB offers a 7.25% yield with $0.453125 quarterly dividend, while CDRPC offers 6.50% yield with $0.40625 quarterly dividend.