CBL & Associates Properties Boosts Quarterly Dividend - Quick Facts

(RTTNews) - CBL & Associates Properties, Inc. (CBL) announced that its Board of Directors has declared a 6.5% increase in the quarterly cash dividend for the company's Common Stock to $0.245 per share for the quarter ending December 31, 2013. The dividend is payable on January 15, 2014, to shareholders of record as of December 30, 2013.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending December 31, 2013, for the company's 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend is payable on December 30, 2013, to shareholders of record as of December 13, 2013.

The company noted that the Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending December 31, 2013, for the company's 6.625% Series E Cumulative Redeemable Preferred Stock. The dividend is payable on December 30, 2013, to shareholders of record as of December 13, 2013.