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CBL-News
CBL-Events
Company Reports Q2 Revenue of $146.48M, Exceeds Consensus
Reports Q2 revenue $146.48M, consensus $140.91M.
CBL & Associates Sees FY26 AFFO at $7.15-$7.25
CBL & Associates sees FY26 AFFO $7.15-$7.25
CBL Properties Closes Sale of Land at Harford Mall
CBL Properties closed on the sale of a 10.468-acre parcel of land on the northeast side of Harford Mall to SJC Ventures as part of a future masterplan mixed-use redevelopment. The sale is consistent with CBL's ongoing strategy of unlocking value from underappreciated land and assets that can be redeployed into higher-yielding opportunities. The land parcel includes the former Macy's location, which is expected to be demolished to make way for a future mixed-use development. Additional phases of the overall Harford Mall site redevelopment will be announced in the coming months.
Management Expects 2026 Same-Center NOI Between -0.5% and 1.25%
Management anticipates same-center NOI for full-year 2026 in the range of (0.5)% to 1.25%.
CBL Announces Quarterly Cash Dividend of $0.625
On May 7, 2026, CBL announced a cash dividend of $0.625 per common share for the quarter ending June 30, 2026. The dividend, which equates to an annual dividend payment of $2.50 per common share, represents a 39% increase over the prior regular dividend rate. The dividend is payable on June 30, 2026, to shareholders of record as of June 12, 2026.
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