Curbline Properties Declares Common Stock Dividend of $0.16 for First Quarter 2025
26 Fevereiro 2025 - 6:05PM
Business Wire
Curbline Properties Corp. (NYSE: CURB), an owner of convenience
centers in suburban, high household income communities, declared
today a dividend on its common stock of $0.16 per share for the
first quarter of 2025. The dividend is payable on April 8, 2025 to
stockholders of record at the close of business on March 14,
2025.
About Curbline Properties
Curbline Properties is an owner and manager of convenience
shopping centers positioned on the curbline of well-trafficked
intersections and major vehicular corridors in suburban, high
household income communities. The Company is publicly traded under
the ticker symbol “CURB” on the NYSE and plans to elect to be
treated as a REIT for U.S. federal income tax purposes. Additional
information about Curbline is available at www.curbline.com. To be
included in the Company’s e-mail distributions for press releases
and other investor news, please click here.
Safe Harbor
Curbline Properties Corp. considers portions of the information
in this press release to be forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, both as amended, with
respect to the Company's expectation for future periods. Although
the Company believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions,
it can give no assurance that its expectations will be achieved.
For this purpose, any statements contained herein that are not
historical fact, including statements regarding the Company's
projected operational and financial performance, strategy,
prospects and plans, may be deemed to be forward-looking
statements. There are a number of important factors that could
cause our results to differ materially from those indicated by such
forward-looking statements, including, among other factors, (1)
changes in general economic conditions, including inflation and
interest rate volatility; (2) changes in local conditions such as
an increase or decrease in the supply of, or demand for, retail
real estate space in our geographic markets; (3) the impact of
changes in consumer practices, retailing practices and the space
needs of tenants; (4) dependence on the successful operations and
financial condition of tenants, the loss of which, including as a
result of downsizing or bankruptcy, could negatively impact rental
income from our properties; (5) our ability to enter into new
leases, and renew existing leases, on favorable terms; (6) our
ability to identify, acquire, construct or develop additional
properties that produce a desired yield on invested capital; (7)
potential environmental liabilities; (8) our ability to secure debt
and equity financing on commercially acceptable terms or at all;
(9) the illiquidity of real estate investments which could limit
our ability to make changes to our portfolio to respond to economic
or other conditions; (10) property damage, expenses related thereto
and other business and economic consequences (including the
potential loss of rental revenues) resulting from extreme weather
conditions or natural disasters in locations where we own
properties, and the ability to estimate accurately the amounts
thereof; (11) sufficiency and timing of any insurance recovery
payments related to damages from extreme weather conditions or
natural disasters; (12) any change in strategy; (13) the impact of
pandemics and other public health crises; (14) unauthorized access,
use, theft or destruction of financial, operations or third-party
data maintained in our information systems or by third parties on
our behalf; and (15) our ability to qualify as a REIT and to
maintain REIT status once elected. For additional factors that
could cause the results of the Company to differ materially from
those indicated in the forward-looking statements, please refer to
the Company's Annual Report on Form 10-K for the year ended
December 31, 2024 and any subsequent reports that we file with the
Securities and Exchange Commission. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20250226179773/en/
For additional information:
Conor Fennerty, EVP and Chief Financial Officer (216)
755-6200
Curbline Properties (NYSE:CURB)
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