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Cedar Realty Trust Declares Dividends on Preferred Stock

1. Cedar Realty Trust announced dividends for Series B and C preferred stocks. 2. Investors will receive $0.453125 for Series B on February 20, 2025.

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Why Bullish?

The announcement of dividends often positively influences stock prices, particularly for preferred shares. Historical trends show dividend announcements can result in price appreciation.

How important is it?

The announcement directly affects shareholder returns, which is crucial for investor sentiment towards CDR-PB.

Why Short Term?

The dividend payout typically affects stock prices in the immediate term around the payment date. Past cases indicate price changes are most noticeable close to dividend announcements.

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VIRGINIA BEACH, VA / ACCESS Newswire / January 30, 2025 / Cedar Realty Trust, Inc. (NYSE:CDRpB)(NYSE:CDRpC) (the "Company") announced today that its Board of Directors declared the payment of a cash dividend of $0.453125 per share on the Company's 7.25% Series B Cumulative Redeemable Preferred Stock, payable on February 20, 2025 to shareholders of record as of the close of business on February 10, 2025. The Company also announced that the Board declared the payment of a cash dividend of $0.40625 per share on the Company's 6.50% Series C Cumulative Redeemable Preferred Stock, payable on February 20, 2025 to shareholders of record as of the close of business on February 10, 2025.

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