RPT Realty Declares Common and Preferred Share Dividends
October 25 2023 - 4:15PM
RPT Realty (NYSE:RPT) (“RPT” or the “Company”)
announced today that its Board of Trustees declared a regular cash
dividend of $0.14 per common share. The cash dividend is payable on
December 21, 2023 for shareholders of record on December 7, 2023.
The Board of Trustees also approved a 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
convertible preferred dividend is payable on January 2, 2024 for
shareholders of record on December 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 June 30, 2023, the Company's property
portfolio (the "aggregate portfolio") consisted of 43 wholly-owned
shopping centers, 13 shopping centers owned through its
grocery-anchored joint venture, and 49 retail properties owned
through its net lease joint venture, which together represent 14.9
million square feet of gross leasable area. As of June 30,
2023, the Company’s pro-rata share of the aggregate portfolio was
93.2% 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
RPT Realty (NYSE:RPT)
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