CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND
Centerspace has declared a quarterly dividend of $0.73 per share, payable on January 12, 2023, to shareholders of record as of January 2, 2023.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Centerspace has declared a quarterly dividend of $0.73 per share, payable on January 12, 2023, to shareholders of record as of January 2, 2023. Additionally, the company will distribute $0.4140625 per share on its 6.625% Series C Cumulative Redeemable Preferred Shares, with payment on December 30, 2022, to holders of record by December 15, 2022. These dividends reflect Centerspace’s commitment to returning value to its investors and maintaining a steady income stream from its operations across 84 apartment communities.
Positive
- Declaration of a quarterly dividend of $0.73 per share, enhancing shareholder returns.
- Additional distribution of $0.4140625 per share on Series C Preferred Shares, demonstrating commitment to preferred shareholders.
Negative
- None.
Details
News Market Reaction – CSR
The recorded move for CSR in the trading session of this news was -1.96%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MINNEAPOLIS, Dec. 2, 2022 /PRNewswire/ -- NYSE: CSR. Centerspace's Board of Trustees announced today that it has declared a regular quarterly distribution of
The Board of Trustees also declared a distribution of
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company currently owns 84 apartment communities consisting of 15,064 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2022 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.
If you would like more information about this topic, please contact Joe McComish, Investor Relations, at (701) 837-7104 or IR@centerspacehomes.com.
Contact Information
Joe McComish, Investor Relations
Phone : (701) 837-7104
E-mail : IR@centerspacehomes.com
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SOURCE Centerspace
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