BEACHWOOD, Ohio, Dec. 10, 2014 /PRNewswire/ -- DDR Corp.
(NYSE: DDR) declared its fourth quarter 2014 Preferred Class J
stock dividend of $0.406250 per
depositary share and Preferred Class K stock dividend of
$0.39063 per depositary share.
(Logo:
http://photos.prnewswire.com/prnh/20131217/DDRLOGO )
Each Class J depositary share is equal to one-twentieth of a
share of DDR's 6.50% Class J Cumulative Redeemable Preferred Stock.
The declared Preferred Class J dividend covers the period beginning
October 15, 2014 and ending
January 14, 2015. The declared
Preferred Class J Dividend is payable January 15, 2015 to shareholders of record at the
close of business on December 31,
2014.
Each Class K depositary share is equal to one-twentieth of a
share of DDR's 6.25% Class K Cumulative Redeemable Preferred Stock.
The declared Preferred Class K dividend covers the period beginning
October 15, 2014 and ending
January 14, 2015. The declared
Preferred Class K Dividend is payable January 15, 2015 to shareholders of record at the
close of business on December 31,
2014.
About DDR Corp.
DDR is an owner and manager of 456
value-oriented shopping centers representing 125 million square
feet in 42 states and Puerto Rico. The Company's assets are
concentrated in high barrier-to-entry markets with stable
populations and high growth potential and its portfolio is actively
managed to create long-term shareholder value. DDR is a
self-administered and self-managed REIT operating as a fully
integrated real estate company, and is publicly traded on the New
York Stock Exchange under the ticker symbol DDR. Additional
information about the Company is available at www.ddr.com, as well
as on Twitter, LinkedIn and Facebook.
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SOURCE DDR Corp.