CHICAGO, March 21 /PRNewswire/ -- General Growth Properties, Inc.
(NYSE: GGP) today declared its first quarter 2001 dividend of $0.53 per share,
payable to common stock shareholders of record on April 6, 2001, with payment
on April 30, 2001. The current dividend represents an increase of 3.9% over
the first quarter 2000 dividend of $0.51 per share. Also declared today was
the Preferred Income Equity Redeemable Stock, Series A ("PIERS") Depositary
Shares dividend for the first quarter of 2001, in the amount of
$0.4531 per share, payable to preferred stock (depositary shares) shareholders
of record on April 6, 2001, with payment on April 16, 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990208/CGM015 )
General Growth Properties, Inc. is one of the oldest and most experienced
shopping center owners, developers, and managers in the United States. The
company currently has ownership interests in, or management responsibilities
for, 146 malls in 39 states, encompassing approximately 126 million square
feet. For more information, visit the General Growth Properties website at
http://www.generalgrowth.com .
SOURCE General Growth Properties, Inc.
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Related links:
http://www.generalgrowth.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/19990208/CGM015
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467
Company News On-Call:
http://www.prnewswire.com/comp/110740.html or fax,
800-758-5804, ext. 110740
CONTACT:
John Bucksbaum, 312-960-5005, or Bernard
Freibaum, 312-960-5252, both of General Growth Properties
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