Cedar Shopping Centers Declares Dividend On Preferred Stock

Share Name	Share Symbol	Market	Type
Cedar Realty Trust Inc	NYSE:CDR	NYSE	Common Stock

Share Name

Share Symbol

Market

Type

Cedar Realty Trust Inc

NYSE:CDR

NYSE

Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	29.00				0	00:00:00

Price Change

% Change

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Low Price

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Shares Traded

Last Trade

0.00

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29.00

00:00:00

Cedar Shopping Centers Declares Dividend On Preferred Stock

25/01/2010 6:30pm

PR Newswire (US)

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PORT WASHINGTON, N.Y., Jan. 25 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE:CDR) today announced that its Board of Directors has approved payment of a dividend of $0.5546875 per share on the Company's 8 7/8% Series "A" Cumulative Redeemable Preferred Stock, payable on February 22, 2010 to shareholders of record as of the close of business on February 12, 2010. About Cedar Shopping Centers, Inc. Cedar Shopping Centers, Inc. is a fully-integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of "bread and butter"® supermarket-anchored shopping centers in coastal mid-Atlantic and New England states. The Company presently owns and operates approximately 13 million square feet of GLA at 121 shopping center properties, of which more than 75% are anchored by supermarkets and/or drugstores with average remaining lease terms of approximately 11 years. The Company's stabilized properties have an occupancy rate of approximately 95%. The Company has also announced a pipeline of seven additional substantially pre-leased primarily supermarket- and drugstore-anchored development properties. For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at http://www.cedarshoppingcenters.com/. DATASOURCE: Cedar Shopping Centers, Inc. CONTACT: Cedar Shopping Centers, Inc., Leo S. Ullman, Chairman, CEO and President, +1-516-944-4525, Web Site: http://www.cedarshoppingcenters.com/

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CDR Cedar Realty Trust Inc