BEACHWOOD, Ohio, March 10, 2015 /PRNewswire/ -- DDR Corp.
(NYSE: DDR) declared its first quarter 2015 Preferred Class J stock
dividend of $0.406250 per depositary
share and Preferred Class K stock dividend of $0.39063 per depositary share.
(Logo: http://photos.prnewswire.com/prnh/20131217/DDRLOGO)
Each Class J depositary share is equal to one-twentieth of a
share of DDR's 6.50% Class J Cumulative Redeemable Preferred Stock.
The declared Preferred Class J dividend covers the period beginning
January 15, 2015 and ending
April 14, 2015. The declared
Preferred Class J Dividend is payable April
15, 2015 to shareholders of record at the close of business
on April 1, 2015.
Each Class K depositary share is equal to one-twentieth of a
share of DDR's 6.25% Class K Cumulative Redeemable Preferred Stock.
The declared Preferred Class K dividend covers the period beginning
January 15, 2015 and ending
April 14, 2015. The declared
Preferred Class K Dividend is payable April
15, 2015 to shareholders of record at the close of business
on April 1, 2015.
About DDR Corp.
DDR is an owner and manager of 415
value-oriented shopping centers representing 118 million square
feet in 41 states and Puerto Rico.
The Company's assets are concentrated in high barrier-to-entry
markets with stable populations and high growth potential and its
portfolio is actively managed to create long-term shareholder
value. DDR is a self-administered and self-managed REIT operating
as a fully integrated real estate company, and is publicly traded
on the New York Stock Exchange under the ticker symbol DDR.
Additional information about the Company is available at
www.ddr.com, as well as on Twitter, LinkedIn and Facebook.
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SOURCE DDR Corp.