RPT Realty Declares Second Quarter 2022 Common and Preferred Share Dividends
04/29/2022 - 08:30 AM
NEW YORK, April 29, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a second quarter 2022 regular cash dividend of $0.13 per common share. The Board of Trustees also approved a second quarter 2022 Series D convertible preferred share dividend of $0.90 625 per share. The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends. The dividends, for the period April 1, 2022 through June 30, 2022 are payable on July 1, 2022 for shareholders of record on June 17, 2022.
About RPT Realty
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the “NYSE”). The common shares of the Company, par value $0.01 per share are listed and traded on the NYSE under the ticker symbol “RPT”. As of December 31, 2021, the Company's property portfolio (the "aggregate portfolio") consisted of 47 wholly-owned shopping centers, 10 shopping centers owned through its grocery anchored joint venture (R2G), 38 retail properties owned through its net lease joint venture (RGMZ) and one net lease retail property that was held for sale by the Company, which together represent 14.6 million square feet of gross leasable area. As of December 31, 2021, the Company’s pro-rata share of the aggregate portfolio was 93.1% leased. For additional information about the Company please visit rptrealty.com.
Company Contact:
Vin Chao, Managing Director - Finance and Investments 19 W 44th St. 10th Floor, Ste 1002 New York, New York 10036 vchao@rptrealty.com (212) 221-1752
RPT Rankings
#1309 Ranked by Stock Gains
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Finance and Insurance
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Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
About RPT
rpt realty owns and operates a national portfolio of open-air shopping destinations principally located in top u.s. markets. the company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the company's retail partners. the company is a fully integrated and self-administered reit publicly traded on the new york stock exchange (the ânyseâ). the common shares of the company, par value $0.01 per share (the âcommon sharesâ) are listed and traded on the nyse under the ticker symbol ârptâ. as of june 30, 2020, our property portfolio consisted of 49 shopping centers (including five shopping centers owned through a joint venture) representing 11.9 million square feet of gross leasable area. as of june 30, 2020, the company's pro-rata share of the aggregate portfolio was 93.6% leased.