PORT WASHINGTON, N.Y., April 19, 2016 /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 May 20, 2016 to shareholders of record as of the close of business on May 10, 2016.
The Company also announced that the Board has approved payment of a cash dividend of $0.453125 per share on the Company's 7 ¼% Series B Cumulative Redeemable Preferred Stock payable on May 20, 2016 to shareholders of record as of the close of business on May 10, 2016.
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 D.C. to Boston corridor. The Company's portfolio (excluding properties treated as "held for sale") comprises 61 properties, with approximately 9.5 million square feet of gross leasable area.
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.
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SOURCE Cedar Realty Trust, Inc.