DDR Declares Second Quarter 2011 Common Share Dividend
May 19 2011 - 8:00AM
PR Newswire (US)
BEACHWOOD, Ohio, May 19, 2011 /PRNewswire/ -- Developers
Diversified Realty Corporation (NYSE: DDR) today declared its
second quarter 2011 common stock dividend of $0.04 per share. The common dividend is payable
July 6, 2011 to shareholders of
record at the close of business on June 20,
2011.
DDR owns and manages approximately 520 retail properties in 41
states, Brazil, Canada and Puerto
Rico, totaling approximately 127 million square feet.
The Company's prime portfolio features open-air,
value-oriented shopping centers in high barrier-to-entry markets
with stable populations and high growth potential. DDR is the
largest landlord in Puerto Rico
and owns a premier portfolio of regional malls primarily clustered
around Sao Paulo, Brazil. DDR is a
self-administered and self-managed REIT operating as a fully
integrated real estate company. Additional information about the
Company is available on the Internet at www.ddr.com.
DDR – Financial
SOURCE Developers Diversified Realty Corporation
Copyright 2011 PR Newswire
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