CHICAGO, June 14 /PRNewswire/ -- General Growth Properties, Inc.
(NYSE: GGP) today declared its second quarter 2000 dividend of $0.51 per
share, payable to common stock shareholders of record on July 6, 2000, with
payment on July 31, 2000. The current dividend represents an increase of 4.1%
over the second quarter 1999 dividend of $0.49 per share. Also declared today
was the Preferred Income Equity Redeemable Stock, Series A ("PIERS")
Depositary Shares dividend for the second quarter of 2000, in the amount of
$0.4531 per share, payable to preferred stock (depositary shares) shareholders
of record on July 6, 2000, with payment on July 14, 2000.
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, 136 malls in 37 states, encompassing approximately 115 million square
feet. It also has one shopping mall under construction in Frisco (Dallas),
Texas. For more information, visit the General Growth Properties website at
http://www.generalgrowth.com .
SOURCE General Growth Properties, Inc.
 back to top
Related links:
http://www.generalgrowth.com
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, Inc.
|
