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Chelsea Property Group, Inc. (ticker: CPG, exchange: New York Stock Exchange) News Release - 5-Jun-2003
Chelsea Property Group Declares Quarterly Dividends
ROSELAND, N.J.--(BUSINESS WIRE)--June 5, 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 July 14, 2003 to shareholders of record on June 30, 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 July 15, 2003 to shareholders of record on July 1, 2003.
CONTACT:
Chelsea Property Group, Inc., Roseland
Michael J. Clarke
973-228-6111
SOURCE: Chelsea Property Group, Inc.
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