Cedar Realty Trust Declares $0.453125 Series B Preferred Dividend

Cedar Realty Trust declared dividends on two preferred-stock series, including $0.453125 per share for Series B, with both payments scheduled for Nov. 20 to eligible shareholders.

The Series B payment applies to the company’s 7.25% Series B Cumulative Redeemable Preferred Stock. The board also declared $0.40625 per share for its 6.50% Series C Cumulative Redeemable Preferred Stock. Holders must be of record at the close of business Nov. 10 to receive either payment.

The amounts match the per-share distributions Cedar declared in July for both preferred series. Cedar Realty Trust focuses on income-producing retail properties, primarily grocery-anchored shopping centers, and is a wholly owned subsidiary of Wheeler Real Estate Investment Trust.