BEACHWOOD, Ohio, Sept. 8,
2016 /PRNewswire/ -- DDR Corp. (NYSE: DDR) declared its
third quarter 2016 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
July 15, 2016 and ending October 13, 2016. The declared Preferred Class J
Dividend is payable October 14, 2016
to shareholders of record at the close of business on September 30, 2016.
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
July 15, 2016 and ending October 13, 2016. The declared Preferred Class K
Dividend is payable October 14, 2016
to shareholders of record at the close of business on September 30, 2016.
About DDR Corp.
DDR is an owner and manager of 349
value-oriented shopping centers representing 113 million square
feet in 37 states and Puerto Rico. The Company's assets are
concentrated in high barrier-to-entry markets with stable
population 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.
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SOURCE DDR Corp.