OAK BROOK, Ill., April 26, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (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, 2016 to preferred stockholders of record on June 20, 2016.
The Company also announced that its Board of Directors declared the second quarter dividend for the Company's outstanding Class A common stock. The dividend of $0.165625 per common share will be paid on July 8, 2016 to Class A common stockholders of record on June 27, 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 December 31, 2015, the Company owned 198 retail operating properties representing 28.9 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.