CBL Properties Declares Common Stock Dividend and Preferred Stock Dividend
CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a quarterly cash dividend for the Company’s
Common Stock of $0.20 per share for the quarter ending June 30, 2018. The dividend is payable on July 16, 2018, to shareholders of
record as of July 2, 2018.
The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending June 30, 2018, for
the Company’s 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of
$1.84375 per depositary share, is payable on July 2, 2018, to shareholders of record as of June 15, 2018.
The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending June 30, 2018, for
the Company’s 6.625% Series E Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of
$1.65625 per depositary share, is payable on July 2, 2018, to shareholders of record as of June 15, 2018.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in
dynamic and growing communities. CBL’s portfolio is comprised of 117 properties totaling 73.4 million square feet across 26 states,
including 75 high-quality enclosed, outlet and open-air retail centers and 11 properties managed for third parties. CBL
continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
Information included herein contains "forward-looking statements" within the meaning of the federal securities laws.
Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of
which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from
the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings
with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the
"Management’s Discussion and Analysis of Financial Condition and Results of Operations" included therein, for a discussion of such
risks and uncertainties.
CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com
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