Wheeler Real Estate Investment Trust, Inc. Makes an Announcement Regarding Preferred Dividends

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Dec 21, 2018
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VIRGINIA BEACH, Va., Dec. 20, 2018 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that, as part of its ongoing evaluation of strategic alternatives, that it will not pay its anticipated fourth quarter dividends on shares of its Series A Preferred Stock, Series B Convertible Preferred Stock and Series D Cumulative Convertible Preferred Stock at this time. These dividends represent quarterly payments of $22.50, $0.5625 and $0.5469 per respective preferred share and were anticipated to be paid in January 2019.