Inland Real Estate Corporation Announces Cash Dividend Payment

Inland Real Estate Corporation, a self-administered and self-managed publicly traded real estate investment trust, has announced the payment of a cash dividend of $0.08 per share to common stockholders of record. The aggregate cash dividend paid to a particular common stockholder of record will be rounded to the nearest $0.01, up or down, with $0.005 or more being rounded up. The company has approximately 67.5 million shares of common stock outstanding.

Key Takeaways:

• Inland Real Estate Corporation paid a cash dividend of $0.08 per share to common stockholders of record, with the aggregate amount rounded to the nearest $0.01.
• The company has approximately 67.5 million shares of common stock outstanding.
• The dividend was paid to common stockholders of record at the close of business on January 3, 2006.
• The company is a self-administered and self-managed publicly traded real estate investment trust.
• Inland Real Estate Corporation owns interests in 143 neighborhood, community, and single-tenant retail centers located primarily in the midwestern United States.

Statistics:

• Cash dividend paid: $0.08 per share.
• Aggregate shares outstanding: approximately 67.5 million.
• Record date: January 3, 2006.
• Number of retail centers owned: 143.
• Geographic focus: Midwestern United States.

Sources:

• Inland Real Estate Corporation, "Inland Real Estate Corporation Announces Cash Dividend Payment" [Source: Company press release, January 3, 2006.]
• Securities and Exchange Commission, "Annual Report on Form 10-K for the year ended December 31, 2004" [Source: SEC filing, December 31, 2004.]