Retail Properties Of America, Inc. Announces Second Quarter 2014 Dividends On Preferred And Common Stock
OAK BROOK, Ill., April 22, 2014 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") today announced that its Board of Directors declared the second quarter dividend for the Company's 7.00% Series A Cumulative Redeemable Preferred Stock. The dividend of $0.4375 per preferred share will be paid on June 30, 2014, to preferred stockholders of record on June 19, 2014.
The Company also announced that its Board declared the second quarter dividend of $0.165625 per share on its outstanding Class A common stock. The common dividend will be paid on July 10, 2014, to Class A common stockholders of record on June 27, 2014.
Retail Properties of America, Inc. is a REIT and is one of the largest owners and operators of high quality, strategically located shopping centers in the United States. As of December 31, 2013, the Company owned 228 retail operating properties representing 31.6 million square feet, including its pro rata share of unconsolidated joint ventures. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.
Michael Fitzmaurice, VP–Finance
Retail Properties of America, Inc.
SOURCE Retail Properties of America, Inc.