DDR Corp 6.25% Class K, Cumulative, Redeemable Preferred Stock
By: Tim McPartland,
S&P Rating B Moodys Rating Ba1
Security Ticker Symbol DDR-K
Market Traded ON NYSE
Dividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2013
Quarterly Dividend .3906 Annual Dividend 1.563
Securities may be redeemed, at the issuers option, as early as 04/09/2018 the call price is $25 plus accrued dividends
Dividend Payment will NOT be Qualified Distributions
Distributions on preferred stocks of Real Estate Investment Trusts are NOT qualified distribution since the REIT is tax exempt (removing one level of taxation) the distribution receiver is taxed at ordinary income tax rates.
Maturity Date None
Company Investor Relations Page for DDR Corp
Below you can find the offering Prospectus and Final Pricing Document
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