By Stephen Nakrosis
CBL & Associates Properties' board declared a special dividend of 80 cents per share on its common stock.
The company said Wednesday that the board declared the special dividend, which will be payable on March 31 to shareholders of record as of March 13. The payout is required for the real estate investment trust to remain in compliance with U.S. federal income tax rules.
The company also said its board declared a regular cash dividend of 40 cents per share, which is also payable March 31 to shareholders of record as of March 13.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 12, 2025 17:32 ET (22:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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