Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
A director at Washington Prime Group Inc bought 50,000 shares at 2.587USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on December 15, 2017 to shareholders and operating partnership unit holders of record on December 1, 2017. In addition, the Board of Directors declared quarterly cash dividends of $0.4688 per Series H pr...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today reported results for the third quarter ended September 30, 2017 that reflect continued progress on the execution of the Company’s financial, operating and strategic objectives. Third Quarter Results Net loss attributable to common shareholders for the third quarter of 2017 was $11.9 million, or $0.06 per diluted share, compared to income of $1.4 million, or $0.01 per diluted share, a year ago. The year-over-year difference was prim...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced several financial activities as part of its portfolio construction and capital allocation strategy. Lou Conforti, CEO and Director stated: “As previously stated, within our Tier 2 portfolio there are certain assets which, save for the fact that they are overleveraged, exhibit Tier 1 characteristics. As we recently illustrated with the discounted payoff of the mortgage loan secured by Mesa Mall, we are opportunistic in such situations, an...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced senior management changes including the promotion of several key positions, as well as the resignation of Butch Knerr, Executive Vice President and Chief Operating Officer. Lou Conforti, CEO and Director stated: “We appreciate all of Butch’s previous and transitioning efforts especially as it relates to his assistance in developing an infrastructure whereby we are able to seamlessly promote those who are ready, willing and able to expand...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company will hold a conference call on Thursday, October 26, 2017 at 11:00 a.m. ET to discuss the Company’s third quarter 2017 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 88921101. The live audio webcast of the call will be available on the investor relations section of the Company’s website at www.wash...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that it has a signed a definitive agreement for the sale of 41 restaurant outparcels to Four Corners Property Trust, Inc. for a purchase price of approximately $67.2 million. This pricing reflects a mid-six percent capitalization rate on in-place net operating income. Lou Conforti, CEO and Director of Washington Prime Group stated: “Plain and simple, senior management and I have a fiduciary responsibility to act upon arbitrage opportunit...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors formed a Sustainability Committee to further establish sustainability as a key business driver as it relates to how the Company redevelops and operates its retail properties, conducts business with its guests, engages with its communities and creates a productive and positive work environment for its associates. Lou Conforti, CEO and Director, stated: “We believe that reducing the Company’s carbon fo...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that its majority owned operating partnership subsidiary, Washington Prime Group, L.P. (the “Operating Partnership”), has closed its previously announced underwritten public offering of $750 million principal amount of its 5.950% notes due 2024. The notes will mature on August 15, 2024 and will bear interest at a rate of 5.950% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2018. ...
COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on September 15, 2017 to shareholders and operating partnership unit holders of record on September 1, 2017. In addition, the Board of Directors declared quarterly cash dividends of $0.4688 per Series H ...
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