Developers Diversified Realty Doubles Dividend
January 10, 2011 at 11:23 AM EST
Developers Diversified Realty Corporation (DDR) declared a quarterly dividend of $0.04 per share today, a 100% improvement over the $0.02 paid each of the previous six quarters. This is the first dividend hike from the retail REIT since putting a huge dent in its payout during the downturn. Shares of DDR opened today’s session trading [...]
