Glimcher Keeps Dividend Steady

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Retail real estate investment trust Glimcher Realty Trustannounced today its third-quarter dividend of $0.10 per share, the same rate it's paid since 2009.

The board of directors said the quarterly dividend is payable on October 15 to holders of record at the close of business on September 30.

The board also said it was paying a quarterly cash dividend on three series of preferred stock as follows

  • $0.5078 per share on its Series G preferred stock
  • $0.4688 per share on its Series H preferred stock
  • $0.4297 per share on its Series I preferred stock

Each of the dividends is payable on October 15 to shareholders of record on September 30.

The regular dividend payment equates to a $0.40-per-share annual dividend, yielding 3.8% based on the closing price today of Glimcher Realty Trust's stock.

GRT Dividend Chart

GRT Dividend data by YCharts.

The article Glimcher Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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