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Cedar Realty Trust Inc Raises FY 2013 FFO Guidance; Declares Quarterly Dividends

Thursday, 7 Nov 2013 04:01pm EST 

Cedar Realty Trust Inc raised its fiscal 2013 operating FFO guidance to a new range of $0.50 to $0.51 per diluted share from previous range of $0.47 to $0.49 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO per share of $0.49 for fiscal 2013. The Company also announced that it will pay a cash dividend of $0.05 per share on the Company's common stock and $0.453125 per share on the Company's 7.25% Series B Cumulative Redeemable Preferred Stock on November 20, 2013 to shareholders of record as of the close of business on November 8, 2013. 

Company Quote

0.11 +1.37%
3:24pm EST