Site Centers will pay a special cash dividend of $1.50 a share.
The dividend will be payable on July 15 to shareholders of record on June 30, the shopping-center owner said Tuesday.
The Beachwood, Ohio, company also said it sold two properties in Missouri and Colorado for $71.6 million and $23.7 million, respectively. A portion of the net proceeds were used to repay $13.9 million of mortgage debt.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
June 17, 2025 16:21 ET (20:21 GMT)
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