CHICAGO, Sept. 19 /PRNewswire/ -- General Growth Properties, Inc.
(NYSE: GGP) today declared its third quarter 2000 dividend of $0.51 per share,
payable to common stock shareholders of record on October 5, 2000, with
payment on October 31, 2000. The current dividend represents an increase of
4.1% over the third 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 October 5, 2000, with payment on October 13, 2000.
(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, 135 malls in 37 states, encompassing approximately 116 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:http://www.newscom.com/cgi-bin/prnh/19990208/CGM015
PR Newswire 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, Inc.
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