CBL Properties board approves special cash dividend of 17.5c per share

CBL Properties announced that its Board of Directors has approved a special cash dividend of 17.5c per common share for the first quarter of 2026. The special dividend is in addition to the previously declared 45c per share dividend announced on February 11, resulting in a total first-quarter dividend of 62.5c per share, a 39% increase. The special dividend will be paid on April 17, to shareholders of record as of April 10. The special dividend represents an increase in the Company’s dividend for the first quarter and is expected to be incorporated into the ongoing regular quarterly dividend beginning in the second quarter, subject to Board approval. The new quarterly dividend equates to an annualized rate of $2.50 per common share.