Inland Real Estate Corporation Pays February and Declares March Cash Dividend to Preferred Stockholders
16 Febbraio 2016 - 12:50PM
Business Wire
Inland Real Estate Corporation (NYSE: IRC) announced that today
it paid a cash dividend of $0.169271 per share on the outstanding
shares of its 8.125% Series A Cumulative Redeemable Preferred
Stock, $0.01 par value per share (the “Series A Preferred Stock”),
to holders of record of Series A Preferred Stock at the close of
business on February 1, 2016.
In addition, the Company has declared a cash dividend of
$0.169271 per share on the outstanding shares of its Series A
Preferred Stock, payable on March 15, 2016, to holders of record of
Series A Preferred Stock at the close of business on March 1,
2016.
On February 16, 2016, the Company also paid a cash dividend of
$0.144791667 per share on the outstanding shares of its 6.95%
Series B Cumulative Redeemable Preferred Stock, $0.01 par value per
share (the “Series B Preferred Stock”), to holders of record of
Series B Preferred Stock at the close of business on February 1,
2016.
In addition, the Company has declared a cash dividend of
$0.144791667 per share on the outstanding shares of its Series B
Preferred Stock, payable on March 15, 2016, to holders of record of
Series B Preferred Stock at the close of business on March 1,
2016.
About Inland Real Estate Corporation
Inland Real Estate Corporation is a self-advised and
self-managed publicly traded real estate investment trust (REIT)
focused on owning and operating open-air neighborhood, community,
and power shopping centers located in well-established markets
primarily in the Central and Southeastern United States. As of
September 30, 2015, the Company owned interests in 135 fee
simple investment properties, including 36 owned through its
unconsolidated joint ventures, with aggregate leasable space of
approximately 15 million square feet. Additional information on
Inland Real Estate Corporation is available at
www.inlandrealestate.com.
Forward Looking Statements
Certain statements in this press release may constitute
“forward-looking statements” within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not reflect historical facts and
instead reflect our management’s intentions, beliefs, expectations,
plans or predictions of the future. Forward-looking statements can
often be identified by words such as “seek,” “believe,” “expect,”
“anticipate,” “intend,” “estimate,” “may,” “will,” “should” and
“could.” Examples of forward-looking statements include, but are
not limited to, statements that describe or contain information
related to matters such as management’s intent, belief or
expectation with respect to our financial performance, investment
strategy or our portfolio, our ability to address debt maturities,
our cash flows, our growth prospects, the value of our assets, our
joint venture commitments and the amount and timing of anticipated
future cash distributions. Forward-looking statements reflect the
intent, belief or expectations of our management based on their
knowledge and understanding of our business and industry and their
assumptions, beliefs and expectations with respect to the market
for commercial real estate, the U.S. economy and other future
conditions. Forward-looking statements are not guarantees of future
performance, and investors should not place undue reliance on them.
Actual results may differ materially from those expressed or
forecasted in forward-looking statements due to a variety of risks,
uncertainties and other factors, including but not limited to the
risks listed and described under Item 1A“Risk Factors” in our
Annual Report on Form 10-K for the year ended December 31, 2014, as
filed with the Securities and Exchange Commission (the “SEC”) on
February 27, 2015, as they may be revised or supplemented by us in
subsequent Reports on Form 10-Q and other filings with the SEC.
Except as otherwise required by applicable law, the Company
disclaims any obligation or undertaking to publicly release any
updates or revisions to any forward-looking statement in this
release to reflect any change in the Company’s expectations or any
change in events, conditions or circumstances on which any such
statement is based.
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version on businesswire.com: http://www.businesswire.com/news/home/20160216005054/en/
Inland Real Estate CorporationDawn Benchelt,
630-451-8243Director of Investor
Relationsir@inlandrealestate.com
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