The REIT's board has also declared a cash dividend on thecompany's 8% Series C cumulative redeemable perpetual preferredstock ($25 liquidation value per depositary share, eachrepresenting 1/100th of a share of preferred stock) equal to $0.50per depositary share for the period April 15, 2007 through July 14,2007. The dividend will similarly be paid on July 16, 2007 toshareholders of record as of July 5, 2007.
Mack-Cali currently owns or has interests in 302 properties,primarily office and office/flex buildings in the Northeast,totaling 34.8 million sf. The company has a roster of approximately2,200 tenants.
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