Chelsea Property Group Declares Quarterly Dividends.ROSELAND, N.J. -- Chelsea Property Group, Inc. (NYSE NYSE See: New York Stock Exchange : CPG CPG central pattern generators. ) announced today that its Board of Directors declared a quarterly cash dividend of $0.60 per share of common stock. The dividend is payable on October 12, 2004 to shareholders of record on September 30, 2004. The Board of Directors also declared a cash dividend of $1.046875 per share on the Company's 8-3/8% Series A Cumulative Redeemable Redeemable Eligible for redemption under the terms of an indenture. Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. . The dividend is payable on October 15, 2004 to shareholders of record on October 1, 2004. |
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