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Post# of 1988
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dc_350

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dc_350

Re: None

Friday, 01/30/2009 8:10:33 AM

Friday, January 30, 2009 8:10:33 AM

Post# of 1988
SPG results:


Reports Q4 (Dec) funds from operations of $1.93 per share, excluding non-recurring items, $0.08 better than the First Call consensus of $1.85; revenues fell 0.6% year/year to $1.03 bln vs the $1.01 bln consensus. Co issues in-line guidance for FY09, sees FFO of $6.40-6.60, excluding non-recurring items, vs. $6.56 consensus. Co declares quarterly dividend of $0.90 per share in a combination of 10% cash and 90% common stock. SPG believes this change in composition will permit them to retain over $925 mln of cash if adopted for all of 2009.


======================

Another dilutive dividend....

Got any tips, help, links or advice for active traders tax season?

http://investorshub.advfn.com/boards/board.aspx?board_id=14626

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