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CRANFORD, NJ-The board of directors of Mack-Cali Realty Corp., based here, has declared a cash dividend of 63 cents per common share, indicating an annual rate of $2.52 per share, for the period of Oct. 1 through Dec. 31. The dividend will be paid on Jan. 18, 2005, to shareholders of record as of Jan. 5, according to Barry Lefkowitz, the REIT’s EVP and CFO.The company’s board has also declared a cash dividend on its 8% Series C cumulative redeemable perpetual preferred stock ($25 liquidation value per depositary share, each representing 1/100th of a share of preferred stock), equal to 50 cents per depositary share for the period of Oct. 15 through Jan. 14, 2005. The dividend will similarly be paid on Jan. 18 to shareholders of record as of Jan. 5.Mack-Cali’s portfolio currently stands at 269 properties the company owns or has interests in. The total of more than 29 million sf of space, mostly office and office/flex buildings, is primarily located in the northeastern US.

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