Developers Diversified Declares Quarterly Preferred Share Dividends
July 07 2004 - 5:28PM
PR Newswire (US)
Developers Diversified Declares Quarterly Preferred Share Dividends
CLEVELAND, July 7 /PRNewswire-FirstCall/ -- Developers Diversified
Realty (NYSE:DDR) announced today declaration of its third quarter
2004 Preferred Class F and Preferred Class G stock dividends.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990826/DDRLOGO ) --
Third Quarter 2004 Preferred Class F Stock Dividend: $0.5375 per
depository share Each Class F Depositary Share is equal to one
tenth of a share of DDR's 8.60% Class F Cumulative Redeemable
Preferred Stock. This dividend covers the period beginning on June
15, 2004 and ending on September 14, 2004. The declared Preferred
Class F Dividend is payable September 15, 2004 to shareholders of
record at the close of business on September 1, 2004. -- Third
Quarter 2004 Preferred Class G Stock Dividend: $0.5000 per
depository share Each Class G Depositary Share is equal to one
tenth of a share of DDR's 8.00% Class G Cumulative Redeemable
Preferred Stock. This dividend covers the period beginning on June
15, 2004 and ending on September 14, 2004. The declared Preferred
Class G Dividend is payable September 15, 2004 to shareholders of
record at the close of business on September 1, 2004. Developers
Diversified owns and manages over 470 retail operating and
development properties totaling approximately 102 million square
feet of real estate in 44 states. Developers Diversified is a
self-administered and self- managed real estate investment trust
(REIT) operating as a fully integrated real estate company which
develops, leases and manages shopping centers. You can learn more
about Developers Diversified on the internet at http://www.ddr.com/
. http://www.newscom.com/cgi-bin/prnh/19990826/DDRLOGO
http://photoarchive.ap.org/ DATASOURCE: Developers Diversified
Realty Corporation CONTACT: William H. Schafer, Senior Vice
President and Chief Financial Officer of Developers Diversified
Realty, +1-216-755-5500 Web site: http://www.ddr.com/
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