NEW YORK -- (Business Wire)
Seritage Growth Properties (NYSE: SRG) announced today that its Board of
Trustees declared a cash dividend of $0.25 per Class A and Class C
common share for the fourth quarter of 2018. The common dividend will be
paid on January 10, 2019 to Class A and Class C shareholders of record
on December 31, 2018.
The Company also announced today that its Board of Trustees declared a
cash dividend of $0.4375 per share of its 7.00% Series A Cumulative
Redeemable Preferred Shares. The preferred dividend will be paid on
January 14, 2019 to holders of record on December 31, 2018.
About Seritage Growth Properties
Seritage Growth Properties is a publicly‐traded, self‐administered and
self‐managed REIT with 211 wholly-owned properties and 26 joint venture
properties totaling approximately 37.5 million square feet of space
across 48 states and Puerto Rico. The Company was formed and listed on
the New York Stock Exchange (NYSE: SRG) in July 2015 in conjunction with
the acquisition of a portfolio of real estate from Sears Holdings. Our
mission is to create and own revitalized shopping, dining, entertainment
and mixed‐use destinations that provide enriched experiences for
consumers and local communities, and that generate long‐term value for
our shareholders. The Company is headquartered in New York, NY.
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Contacts:
Seritage Growth Properties
646-277-1268
IR@Seritage.com
Source: Seritage Growth Properties
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