Regency Centers Corporation (REG, Financial), a prominent player in the real estate investment trust sector, has announced significant updates regarding its dividend distributions. On November 5, 2024, the Board of Directors declared dividends for its common stock as well as its Series A and Series B Preferred Stocks.
The company declared a dividend of $0.705 per share on its common stock, which is scheduled to be paid on January 3, 2025. Shareholders who are recorded as of December 16, 2024, will be eligible to receive this dividend.
In addition to the common stock dividend, Regency Centers Corporation also declared dividends for its preferred stocks. The 6.250% Series A Cumulative Redeemable Preferred Stock will see a dividend of $0.390625 per share, payable on January 31, 2025. Holders of record as of January 16, 2024, will be entitled to this payment.
Similarly, the 5.875% Series B Cumulative Redeemable Preferred Stock will have a dividend of $0.367200 per share, also payable on January 31, 2025, to shareholders recorded by the close of business on January 16, 2024.
These dividend declarations reflect Regency Centers Corporation's ongoing commitment to delivering value to its shareholders. Investors and stakeholders are encouraged to take note of these important dates to ensure they are eligible for the upcoming dividend payments.
Should you invest in Regency Centers Corp (REG, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Regency Centers Corp (REG) stock research here.
