BEACHWOOD, Ohio, Dec. 6, 2016 /PRNewswire/ -- DDR Corp.
(NYSE: DDR) declared its fourth 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.
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
October 14, 2016, and ending
January 14, 2017. The declared
Preferred Class J Dividend is payable January 17, 2017, to shareholders of record at
the close of business on December 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
October 14, 2016, and ending
January 14, 2017. The declared
Preferred Class K Dividend is payable January 17, 2017, to shareholders of record at
the close of business on December 30,
2016.
About DDR Corp.
DDR is an owner and manager of 327 value-oriented shopping centers
representing 107 million square feet in 36 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.