Business in the Burbs

Movers, shakers and newsmakers

Acadia Realty Trust cuts dividend

May

Acadia Realty Trust, a White Plains real estate company that owns shopping centers, said that it has reduced its cash dividend from 21 cents to 18 cents per share. The company said the dividend cut was done to reflect the issuance of an additional 5.75 million shares in April.

This entry was posted on Friday, May 15th, 2009 at 4:53 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Dividend changes

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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