SITE Centers Sells DTP Interests for $32.4 Million, Declares $3 Distribution
SITE Centers announced net proceeds of approximately $32.4 million from the sale of its interests in the Dividend Trust Portfolio joint venture. Its board declared a special cash distribution of $3.00 per common share; payment timing is truncated in the source.
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08:58:35 PM UTC
SquawkNews
SITE Centers declared a $3.00 per share special cash distribution, payable Nov. 5, 2026, and sold its Dividend Trust Portfolio JV interests for ~$32.4M. NYSE set a due bill period from Oct. 27 through Nov. 5, with ex-dividend on Nov. 6, 2026.Material DetailsContext by AI AnalystThis is a late-stage…
08:59:21 PM UTC
SquawkNews
SITC SITE Centers Announces Sale of DTP Interests and Special Common Distribution
09:00:05 PM UTC
SquawkNews
SITE Centers: Declared Special Cash Distribution of $3 Per Common Shr Payable on Nov 5>SITC
09:03:15 PM UTC
SquawkNews
SITE Centers Corp. (NYSE:SITC) today announced its intention to provide notice to the New York Stock Exchange of its plan to voluntarily de-list its common shares. The announcement was made in anticipation that the payment of the special distribution declared on October 15, 2026 will cause the trad…
SITE Centers Corp. (NYSE:SITC) said it sold its interests in the Dividend Trust Portfolio joint venture for net proceeds of approximately $32.4 million. The company’s board also declared a special cash distribution of $3.00 per common share. The distribution is payable on…