Chelsea Property Group, Inc. (ticker: CPG, exchange: New York Stock Exchange) News Release - 7-Dec-2001
Chelsea Property Group Declares Quarterly Dividends
ROSELAND, N.J., Dec 7, 2001 /PRNewswire via COMTEX/ -- Chelsea Property Group,
Inc. (NYSE: CPG) announced today that its Board of Directors declared a
quarterly cash dividend of $0.78 per share of common stock. The dividend is
payable on December 28, 2001 to shareholders of record on December 21, 2001.
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 Preferred Stock. The
dividend is payable on January 14, 2002 to shareholders of record on January 2,
2002.
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SOURCE Chelsea Property Group, Inc.
CONTACT: Michael J. Clarke, CFO of Chelsea Property Group, Inc.,
+1-973-228-6111
URL:
http://www.chelseagca.com
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