SITE Centers Corp. (NASDAQ:SITC) announced a quarterly dividend on Wednesday, November 14th, NASDAQ reports. Investors of record on Friday, December 14th will be given a dividend of 0.20 per share on Friday, January 4th. This represents a $0.80 annualized dividend and a dividend yield of 6.22%. The ex-dividend date is Thursday, December 13th.

Shares of NASDAQ SITC traded down $0.17 during mid-day trading on Friday, hitting $12.87. The company had a trading volume of 2,226,115 shares, compared to its average volume of 2,383,596. SITE Centers has a 12 month low of $10.95 and a 12 month high of $15.08.

SITE Centers (NASDAQ:SITC) last released its earnings results on Wednesday, October 24th. The company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.10). The company had revenue of $128.98 million for the quarter, compared to analyst estimates of $149.46 million. During the same period in the previous year, the firm posted $0.30 EPS. The business’s revenue for the quarter was down 41.4% compared to the same quarter last year.

Separately, Capital One Financial upgraded shares of SITE Centers from an “equal weight” rating to an “overweight” rating in a research note on Friday, November 30th.

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About SITE Centers

SITE is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company 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 SITC.

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