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Chelsea Property Group, Inc. (ticker: CPG, exchange: New York Stock Exchange) News Release - 4-Dec-2003
Chelsea Property Group Declares Quarterly Dividends
ROSELAND, N.J.--(BUSINESS WIRE)--Dec. 4, 2003--Chelsea Property Group, Inc. (NYSE: CPG) announced today that its Board of Directors declared a quarterly cash dividend of $0.535 per share of common stock. The dividend is payable on December 31, 2003 to shareholders of record on December 18, 2003.
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 15, 2004 to shareholders of record on January 2, 2004.
CONTACT: Chelsea Property Group, Inc.
Michael J. Clarke, 973-228-6111
SOURCE: Chelsea Property Group, Inc.
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