BEACHWOOD, Ohio, March 12, 2013 /PRNewswire/ -- DDR Corp.
(NYSE: DDR) declared its first quarter 2013 Preferred Class H stock
dividend of $0.460938 per depositary
share and Preferred Class J stock dividend of $0.406250 per depositary share.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO
)
Each Class H depositary share is equal to one-twentieth of a
share of DDR's 7.375% Class H Cumulative Redeemable Preferred
Stock. The declared Preferred Class H dividend covers the period
beginning January 15, 2013 and ending
April 14, 2013. The declared
Preferred Class H Dividend is payable April
15, 2013 to shareholders of record at the close of business
on April 1, 2013.
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
January 15, 2013 and ending
April 14, 2013. The declared
Preferred Class J Dividend is payable April
15, 2013 to shareholders of record at the close of business
on April 1, 2013.
About DDR
DDR is an owner and manager of 454
value-oriented shopping centers representing 116 million square
feet in 39 states, Puerto Rico and
Brazil. 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.
SOURCE DDR Corp.