CHICAGO – General Growth Properties Inc. (NYSE: GGP), owner of the Providence Place mall, yesterday declared a 9.8-percent year-over-year increase in its quarterly dividend.
A dividend of 45 cents per share is payable April 30 to common stockholders of record as of April 16.
GGP is the nation’s second-largest publicly traded real estate investment trust, based on market capitalization; its portfolio includes about 200 million square feet of retail space. Additional information is available at www.ggp.com.