COLUMBUS, Ohio--(BUSINESS WIRE)--Aug. 4, 2017--
Washington Prime Group Inc. (NYSE: WPG) today announced that the
Company’s Board of Directors declared a quarterly cash dividend on its
common shares and operating partnership units. A cash dividend of $0.25
per common share and operating partnership unit was declared. The
dividend is payable on September 15, 2017 to shareholders and operating
partnership unit holders of record on September 1, 2017.
In addition, the Board of Directors declared quarterly cash dividends of
$0.4688 per Series H preferred share of beneficial interest, $0.4297 per
Series I preferred share of beneficial interest, and $0.4563 per Series
I-1 preferred unit of Preferred Limited Partnership Interest. Each of
the cash dividends on these preferred shares is payable on October 16,
2017 to shareholders and operating partnership unit holders of record on
September 29, 2017.
About Washington Prime Group
Washington Prime Group Inc. is a retail REIT and a recognized leader in
the ownership, management, acquisition and development of retail
properties. The Company combines a national real estate portfolio with
an investment grade balance sheet, leveraging its expertise across the
entire shopping center sector to increase cash flow through rigorous
management of assets and provide new opportunities to retailers looking
for growth throughout the U.S. A trademark application has been filed
with the U.S. Patent and Trademark Office for the name “Washington Prime
Group”. Learn more at www.washingtonprime.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170804005594/en/
Source: Washington Prime Group Inc.
Washington Prime Group Inc.
Kimberly A. Green, VP, Investor
Relations & Corporate Communications, 614-887-5647