OAK BROOK, Ill., Oct. 25, 2016 /PRNewswire/-- Retail Properties of America, Inc. (NYSE: RPAI)(the "Company") today announced that it declared the fourth quarter dividend for its 7.00% Series A Cumulative Redeemable Preferred Stock. The dividend of $0.4375 per preferred share will be paid on December 30, 2016 to preferred stockholders of record on December 20, 2016.
The Company also announced that it declared the fourth quarter dividend for its outstanding Class A common stock. The dividend of $0.165625 per common share will be paid on January 10, 2017 to Class A common stockholders of record on December 22, 2016.
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 June 30, 2016, the Company owned 185 retail operating properties representing 28.1 million square feet. 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.
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SOURCE Retail Properties of America, Inc.