Developers Diversified (DDR) Increases Quarterly Dividend to $0.04; Yields 1.2%; Updates FY11 FFO Outlook
Developers Diversified Realty Corporation (NYSE: DDR) today declared its first quarter 2011 common stock dividend of $0.04 per share, $0.16 annualized. The dividend is a 100% increase from the current rate of $0.02.
The common dividend is payable April 5, 2011 to shareholders of record at the close of business on March 22, 2011. The ex-dividend date is March 18, 2011.
Yield on the dividend is 1.2%.
Additionally, the company sees FY11 operating FFO of $0.90 - $1.05, compared to the consensus of $0.40.... Read more
DDR
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Source: Yahoo Finance. Stock prices and dividends can be delayed, cached or incomplete.
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