RPT Realty Declares Second Quarter 2023 Common and Preferred Share Dividends
28 April 2023 - 6:29AM
RPT Realty (NYSE:RPT) (“RPT” or the “Company”)
announced today that its Board of Trustees declared a second
quarter 2023 regular cash dividend of $0.14 per common share. The
Board of Trustees also approved a second quarter 2023 Series D
convertible preferred share dividend of $0.90625 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, 2023 through June 30, 2023 are
payable on July 3, 2023 for shareholders of record on June 20,
2023.
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, 2022, the Company's property
portfolio (the "aggregate portfolio") consisted of 44 wholly-owned
shopping centers, 13 shopping centers owned through its grocery
anchored joint venture, 48 retail properties owned through its net
lease joint venture and one net lease retail property that was held
for sale by the Company, which together represent 15.0 million
square feet of gross leasable area. As of December 31, 2022,
the Company’s pro-rata share of the aggregate portfolio was 93.8%
leased. For additional information about the Company please visit
rptrealty.com.
Company Contact:
Vin Chao, Managing Director - Finance19 W 44th
St. 10th Floor, Ste 1002New York, New York
10036vchao@rptrealty.com(212) 221-1752
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