OAK BROOK, Ill. (AFX) - Inland Real Estate Corp. on Friday declared a monthly cash dividend of 8 cents per share.
The dividend is payable on Sept. 18, to common stockholders of record on Aug. 31.
Inland Real Estate has about 67.7 million shares of common stock outstanding. The company currently pays an annual cash dividend of 96 cents per share distributed equally on a monthly basis.
Shares of Inland Real Estate rose 3 cents to close at $16.19 on the New York Stock Exchange.
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