SITE Centers Corp. (SITC) Declares $0.20 Quarterly Dividend

SITE Centers Corp. (NASDAQ:SITC) announced a quarterly dividend on Wednesday, November 14th, NASDAQ reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date is Thursday, December 13th.

Shares of NASDAQ:SITC traded down $0.17 during trading on Friday, reaching $12.87. 2,226,115 shares of the stock traded hands, compared to its average volume of 2,383,596. SITE Centers has a 52-week low of $10.95 and a 52-week high of $15.08.

SITE Centers (NASDAQ:SITC) last posted its quarterly earnings results on Wednesday, October 24th. The company reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.10). The firm had revenue of $128.98 million for the quarter, compared to analysts’ expectations of $149.46 million. During the same quarter last year, the firm posted $0.30 EPS. The firm’s revenue was down 41.4% on a year-over-year basis.

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

TRADEMARK VIOLATION NOTICE: “SITE Centers Corp. (SITC) Declares $0.20 Quarterly Dividend” was first published by Stock Observer and is the sole property of of Stock Observer. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark legislation. The correct version of this piece of content can be viewed at

SITE Centers Company Profile

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.

Recommended Story: Balanced Fund

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's FREE daily email newsletter.

Leave a Reply