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.

COPYRIGHT VIOLATION WARNING: “SITE Centers Corp. (SITC) to Issue Quarterly Dividend of $0.20 on January 4th” was reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.dailypolitical.com/2018/12/08/site-centers-corp-sitc-to-issue-quarterly-dividend-of-0-20-on-january-4th.html.

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.

See Also: How interest rates affect municipal bond prices

Receive News & Ratings for SITE Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SITE Centers and related companies with MarketBeat.com's FREE daily email newsletter.