Developers Diversified Realty Declares Second Quarter 2009 Class H and Class I Preferred Share Dividends (Marketwire)
Mon, 15 Jun 2009 21:22:00 Etc/GM
Each Class H depositary share is equal to one-twentieth of a share of Developers Diversified's 7.375% Class H Cumulative Redeemable Preferred Stock. The declared Preferred Class H dividend covers the period beginning April 15, 2009 and ending July 14, 2009. The declared Preferred Class H Dividend is payable July 15, 2009 to shareholders of record at the close of business on July 1, 2009.
Each Class I depositary share is equal to one-twentieth of a share of Developers Diversified's 7.5% Class I Cumulative Redeemable Preferred Stock. The declared Preferred Class I dividend covers the period beginning April 15, 2009 and ending July 14, 2009. The declared Preferred Class I Dividend is payable July 15, 2009 to shareholders of record at the close of business on July 1, 2009.
Developers Diversified currently owns and manages over 700 retail operating and development properties in 45 states, plus Puerto Rico, Brazil, and Canada, totaling over 153 million square feet. Developers Diversified Realty is a self-administered and self-managed real estate investment trust (REIT) operating as a fully integrated real estate company which acquires, develops, leases and manages shopping centers. Additional information about Developers Diversified Realty is available on the Internet at http://www.ddr.com.
Contact:
Contact:
Tom Morabito
Senior Director of Investor Relations
Developers Diversified Realty
Main: (216) 755-5500
E-mail: Email Contact
source: http://biz.yahoo.com/iw/090615/0510843.html