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ProLogis announces dividends on preferred shares
02 Sep '06
2 min read
ProLogis, a leading global provider of distribution facilities and services, announced today that its Board declared a dividend in the amount of $1.0675 per Cumulative Redeemable Series C preferred share, payable on September 29, 2006, to shareholders of record on September 15, 2006.
Series C preferred share dividends are cumulative and payable quarterly at an annualized rate of $4.27 per share.
ProLogis' Board also declared a dividend of $0.4219 per Cumulative Redeemable Series F preferred share, payable on September 29, 2006, to shareholders of record on September 15, 2006.
Series F preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share.
In addition, ProLogis' Board declared a dividend of $0.4219 per Cumulative Redeemable Series G preferred share, payable on September 29, 2006, to shareholders of record on September 15, 2006.
Series G preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share.
ProLogis is a leading provider of distribution facilities and services with 404.3 million square feet (37.6 million square meters) in 2,401 properties owned, managed and under development in 81 markets in North America, Europe and Asia as of June 30, 2006.
We continue to expand the industry's first and largest global network of distribution facilities with the objective of building shareholder value.
We expectto achieve this through the ProLogis Operating System and our commitment to provide exceptional facilities and services to meet our customers' expansion and reconfiguration needs.
Series C preferred share dividends are cumulative and payable quarterly at an annualized rate of $4.27 per share.
ProLogis' Board also declared a dividend of $0.4219 per Cumulative Redeemable Series F preferred share, payable on September 29, 2006, to shareholders of record on September 15, 2006.
Series F preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share.
In addition, ProLogis' Board declared a dividend of $0.4219 per Cumulative Redeemable Series G preferred share, payable on September 29, 2006, to shareholders of record on September 15, 2006.
Series G preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share.
ProLogis is a leading provider of distribution facilities and services with 404.3 million square feet (37.6 million square meters) in 2,401 properties owned, managed and under development in 81 markets in North America, Europe and Asia as of June 30, 2006.
We continue to expand the industry's first and largest global network of distribution facilities with the objective of building shareholder value.
We expectto achieve this through the ProLogis Operating System and our commitment to provide exceptional facilities and services to meet our customers' expansion and reconfiguration needs.
ProLogis
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