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Chelsea Property Group, Inc. (ticker: CPG, exchange: New York Stock Exchange) News Release - 7-Jun-2001
Chelsea Property Group Declares Quarterly Dividend
ROSELAND, N.J., Jun 7, 2001 /PRNewswire/ -- Chelsea Property Group, Inc. (NYSE: CPG), a developer, owner and operator of premium manufacturers' outlet centers, 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 July 16, 2001 to shareholders of record on June 29, 2001.
In addition, the Board of Directors 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 July 16, 2001 to shareholders of record on July 2, 2001.
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http://tbutton.prnewswire.com/prn/11690X75470067
SOURCE Chelsea Property Group, Inc.
CONTACT:
Michael J. Clarke, Chief Financial Officer, or
John P.McGinnis, Dir. - Investor Relations, 973-228-6111, both of Chelsea Property
Group, Inc.
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