|By PR Newswire||
|July 29, 2014 05:47 PM EDT||
OAK BROOK, Ill., July 29, 2014 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") today announced that its Board of Directors declared the third quarter dividend for the Company's 7.00% Series A Cumulative Redeemable Preferred Stock. The dividend of $0.4375 per preferred share will be paid on September 30, 2014, to preferred stockholders of record on September 19, 2014.
The Company also announced that its Board declared the third quarter dividend of $0.165625 per share on its outstanding Class A common stock. The common dividend will be paid on October 10, 2014, to Class A common stockholders of record on September 26, 2014.
Retail Properties of America, Inc. is a REIT and is one of the largest owners and operators of high quality, strategically located shopping centers in the United States. As of March 31, 2014, the Company owned 227 retail operating properties representing 31.2 million square feet, including its pro rata share of unconsolidated joint ventures. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.
Michael Fitzmaurice, VP – Finance
Retail Properties of America, Inc.
SOURCE Retail Properties of America, Inc.
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