RPT Realty declares 5.444c special cash dividend

RPT Realty announced that its Board of Trustees declared a special dividend of 5.444c per common share in connection with the previously announced definitive merger agreement entered into by and between the Company and Kimco Realty Corporation and the parties thereto. The special dividend is payable in cash on December 21 to shareholders of record on December 7. As a result of the payment of the special dividend on common shares, the conversion ratio of the Series D convertible preferred shares will be adjusted in accordance with the Company’s Articles of Restatement of Declaration of Trust, as amended and supplemented.