WP Glimcher Board of Directors Declares Second Quarter Dividend
COLUMBUS, OH – May 21, 2015 – WP Glimcher (NYSE: WPG) today announced that the company’s Board of Directors declared a quarterly cash dividend on its common shares, operating partnership units and preferred shares. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on Monday, June 15, 2015 to shareholders and operating partnership unit holders of record on Wednesday, June 3, 2015.
Additionally, the Company’s Board of Directors declared quarterly cash dividends of $0.4688 per Series H preferred stock, $0.4297 per Series I preferred stock, and $0.4563 per Series I-1 preferred units. Each of the cash dividends for preferred shares and units is payable on Wednesday, July 15, 2015 to preferred shareholders of record on Tuesday, June 30, 2015.
About WP Glimcher
WP Glimcher (NYSE: WPG) is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as community centers. WP Glimcher owns and manages 121 shopping centers totaling more than 68 million square feet diversified by size, geography and tenancy. WP Glimcher combines a national real estate portfolio with an investment grade balance sheet and plans to leverage its expertise across the entire shopping center sector to increase cash flow through rigorous management of existing assets. Visit WP Glimcher at www.wpglimcher.com.
FOR INFORMATION, CONTACT
Lisa A. Indest, CAO & Senior VP, Finance, 614.887.5844 or firstname.lastname@example.org
Kimberly A. Green, Director of Investor Relations, 614.887.5647 or email@example.com
Karen L. Bailey, VP, Communications & Marketing, 614.887.5847 or firstname.lastname@example.org