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Retail Properties Of America, Inc. Announces First Quarter 2016 Dividends On Preferred And Common Stock

2016-02-11 17:00 ET - News Release

OAK BROOK, Ill., Feb. 11, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE:  RPAI) (the "Company") today announced that its Board of Directors declared the first 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 March 31, 2016 to preferred stockholders of record on March 21, 2016.

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The Company also announced that its Board of Directors declared the first quarter dividend for the Company's outstanding Class A common stock. The dividend of $0.165625 per common share will be paid on April 8, 2016 to Class A common stockholders of record on March 28, 2016.

ABOUT RPAI
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 September 30, 2015, the Company owned 201 retail operating properties representing 29.2 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.

CONTACT INFORMATION
Michael Fitzmaurice, VP – Finance
Retail Properties of America, Inc.
(630) 634-4233

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/retail-properties-of-america-inc-announces-first-quarter-2016-dividends-on-preferred-and-common-stock-300219214.html

SOURCE Retail Properties of America, Inc.

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