OAK BROOK, Ill.--(BUSINESS WIRE)--Retail Properties of America, Inc. (NYSE: RPAI or the “Company”) today announced that its Board of Directors declared the first 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 March 31, 2014, to preferred stockholders of record on March 20, 2014.
The Company also announced that its Board declared the first quarter dividend of $0.165625 per share on its outstanding Class A common stock. The common dividend will be paid on April 10, 2014, to Class A common stockholders of record on March 28, 2014.
Retail Properties of America, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that owns and operates high quality, strategically located shopping centers across 34 states. The Company is one of the largest owners and operators of shopping centers in the United States. 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.