Market Overview

DDR Declares First Quarter 2018 Class J, Class K, and Class A Preferred Share Dividends

Share:

DDR Corp. (NYSE:DDR) declared its first quarter 2018 Preferred Class J
stock dividend of $0.406250 per depositary share, Preferred Class K
stock dividend of $0.39063 per depositary share and Preferred Class A
stock dividend of $0.39844 per depositary share.

Each Class J depositary share is equal to one-twentieth of a share of
DDR's 6.50% Class J Cumulative Redeemable Preferred Stock. The declared
Preferred Class J dividend covers the period beginning January 15, 2018,
and ending April 14, 2018. The declared Preferred Class J Dividend is
payable April 16, 2018, to shareholders of record at the close of
business on March 29, 2018.

Each Class K depositary share is equal to one-twentieth of a share of
DDR's 6.25% Class K Cumulative Redeemable Preferred Stock. The declared
Preferred Class K dividend covers the period beginning January 15, 2018,
and ending April 14, 2018. The declared Preferred Class K Dividend is
payable April 16, 2018, to shareholders of record at the close of
business on March 29, 2018.

Each Class A depositary share is equal to one-twentieth of a share of
DDR's 6.375% Class A Cumulative Redeemable Preferred Stock. The declared
Preferred Class A dividend covers the period beginning January 15, 2018,
and ending April 14, 2018. The declared Preferred Class A Dividend is
payable April 16, 2018, to shareholders of record at the close of
business on March 29, 2018.

About DDR

DDR is an owner and manager of 273 value-oriented shopping centers
representing 92 million square feet in 33 states and Puerto Rico. The
Company owns a high-quality portfolio of open-air shopping centers in
major metropolitan areas that provide a highly-compelling shopping
experience and merchandise mix for retail partners and consumers. The
Company actively manages its assets with a focus on creating long-term
shareholder value. DDR is a self-administered and self-managed REIT
operating as a fully integrated real estate company, and is publicly
traded on the New York Stock Exchange under the ticker symbol DDR.
Additional information about the Company is available at www.ddr.com.
To be included in the Company's e-mail distributions for press releases
and other investor news, please click here.

Safe Harbor

DDR Corp. considers portions of the information in this press release to
be forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, both as amended, with respect to the Company's expectation for
future periods. Although the Company believes that the expectations
reflected in such forward-looking statements are based upon reasonable
assumptions, it can give no assurance that its expectations will be
achieved. For this purpose, any statements contained herein that are not
historical fact may be deemed to be forward-looking statements. There
are a number of important factors that could cause our results to differ
materially from those indicated by such forward-looking statements,
including, among other factors, property damage, expenses related
thereto and other business and economic consequences (including the
potential loss of rental revenues) resulting from extreme weather
conditions in locations where we own properties, and the ability to
estimate accurately the amounts thereof; sufficiency and timing of any
insurance recovery payments related to damages from extreme weather
conditions; local conditions such as supply of space or a reduction in
demand for real estate in the area; competition from other available
space; dependence on rental income from real property; the loss of,
significant downsizing of or bankruptcy of a major tenant; redevelopment
and construction activities may not achieve a desired return on
investment; our ability to buy or sell assets on commercially reasonable
terms; our ability to complete acquisitions or dispositions of assets
under contract; our ability to secure equity or debt financing on
commercially acceptable terms or at all; our ability to enter into
definitive agreements with regard to our financing and joint venture
arrangements or our failure to satisfy conditions to the completion of
these arrangements; the success of our deleveraging strategy; any change
in strategy; our ability to complete our previously announced plan to
spin-off certain of our assets in a timely manner; the impact of such
spin-off on our business and that of the spun-off company; and the
ability of the Company and the spun-off company to execute their
respective strategies following consummation of the spin-off, including
the ability of the spun-off company to sell assets on commercially
reasonable terms; and entering into management agreements with the
spin-off company on commercially reasonable terms. For additional
factors that could cause the results of the Company to differ materially
from those indicated in the forward-looking statements, please refer to
the Company's Form 10-K for the year ended December 31, 2017. The
Company undertakes no obligation to publicly revise these
forward-looking statements to reflect events or circumstances that arise
after the date hereof.

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