Post is also paying regular first-quarter quarterly dividends on two other issues. On its 8 ½% Series A cumulative Redeemable Preferred Stock, the REIT is paying $1.06 per share. The dividend is paying March 31 to all Series A holders of record on March 15.
On the company's 7 5/9% Series B Cumulative Redeemable Preferred Stock, Post declared a regular quarterly dividend of about 48 cents per share. The dividend is payable March 31 to all holders on March 15.
In a separate disclosure, Post expects to recognize a gain of about $5.2 million, or 12 cents per diluted share, in the first quarter relating to cash received from the sale of its investment in privately held Rent.com to eBay Inc.
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