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Developers Diversified Realty Corporation declares Third Quarter Common Share Cash Dividend.


CLEVELAND--(BUSINESS WIRE)--Aug. 16, 1996--Developers Diversified Realty Corporation (NYSE NYSE

See: New York Stock Exchange
:DDR (Double Data Rate) Refers to an SDRAM memory chip that increases performance by doubling the effective data rate of the frontside bus. For more details, see SDRAM.

DDR - Double Data Rate Random Access Memory
) declared its 1996 Third Quarter Common Share Cash dividend of $0.60 per share, payable on September 30, 1996, to shareholders of record on September 13, 1996.

Developers Diversified Realty Corporation Developers Diversified Realty Corporation is one of the largest owners and developers of retail shopping centers in the U.S. Based in Beachwood, Ohio, an eastern suburb of Greater Cleveland, DDRC, a publicly traded company on the NYSE, leads the real estate industry in power  is a self-administered and self-managed Real Estate Investment Trust ("REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
") operating as a fully-integrated real estate company which acquires, develops, owns, leases, and manages shopping and business centers.

CONTACT: Developers Diversified Realty Corporation, Cleveland

William H. Schafer, 216/247-4700
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 16, 1996
Words:81
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