Mack's cash dividends.Mack-Cali Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corporation announced that its Board of Directors has declared a cash dividend of $0.63 per common share (indicating an annual rate of $2.52 per common share) for the period October 1, 2004 through December 31, 2004. The dividend will be paid on January 18, 2005 to shareholders of record as of January 5, 2005. The Board also declared a cash dividend on its 8 percent Series C cumulative redeemable perpetual 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. ($25 liquidation value Liquidation value Net amount that could be realized by selling the assets of a firm after paying the debt. per depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. share, each representing 1/100th of a share of preferred stock) equal to $0.50 per depositary share for the period October 15, 2004 through January 14, 2005. The dividend will be paid on January 18, 2005 to shareholders of record as of January 5, 2005. |
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