PORT WASHINGTON, N.Y., Oct. 29, 2012 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.05 per share on the Company's Common Stock, payable on November 20, 2012 to shareholders of record as of the close of business on November 9, 2012.
The Company also announced that the Board has approved payment of a cash dividend of $0.5546875 per share on the Company's 8 7/8% Series A Cumulative Redeemable Preferred Stock, and a cash dividend of $0.4531250 on the Company's 7 1/4% Series B Cumulative Redeemable Preferred Stock. Both the Series A and Series B Preferred Stock dividends are payable on November 20, 2012 to shareholders of record as of the close of business on November 9, 2012.
About Cedar Realty Trust
Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company's portfolio (excluding properties treated as "held for sale") is comprised of 68 properties with approximately 10 million square feet.
For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.
SOURCE Cedar Realty Trust, Inc.