Washington Prime Group Announces Board Changes; Declares Quarterly Dividend on Common Shares and Preferred Shares, Payable on June 15, 2017 and July 17, 2017 Respectively
The company's Board declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on June 15, 2017 to shareholders and operating partnership holders of record on June 1, 2017. The Board also declared quarterly cash dividends of $0.4688 per Series H preferred share of beneficial interest, $0.4297 per Series I preferred share of beneficial interest, and $0.4563 per Series I-1 preferred unit of Preferred Limited Partnership Interest. Each of the cash dividends on these preferred shares is payable on July 17, 2017 to shareholders and operating partnership holders of record on June 30, 2017.