CBL raises to 22¢ its cash dividend
CBL & Associates Properties Inc.’s board has increased its quarterly cash dividend to 22 cents per share, up 5 percent.
The dividend is payable on April 17 to shareholders of record as of March 30, the Chattanooga-based shopping center developer said Friday.
“Today’s dividend increase demonstrates the significant improvements in the financial and operating performance that CBL has achieved over the past year,” said Stephen Lebovitz, chief executive CBL.
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