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News and Information Article
DENVER, Dec. 1 /-FirstCall/ -- ProLogis (NYSE: PLD), the
worlds largest owner, manager and developer of distribution facilities,
announced today that its Board declared a dividend in the amount of $1.0675
per Cumulative Redeemable Series C preferred share, payable on January 2,
2007, to shareholders of record on December 15, 2006. Series C preferred
share dividends are cumulative and payable quarterly at an annualized rate
of $4.27 per share.
ProLogis Board also declared a dividend of $0.4219 per Cumulative
Redeemable Series F preferred share, payable on January 2, 2007, to
shareholders of record on December 15, 2006. Series F preferred share
dividends are cumulative and payable quarterly at an annualized rate of
$1.6875 per share.
In addition, ProLogis Board declared a dividend of $0.4219 per
Cumulative Redeemable Series G preferred share, payable on January 2, 2007,
to shareholders of record on December 15, 2006. Series G preferred share
dividends are cumulative and payable quarterly at an annualized rate of
$1.6875 per share.
About ProLogis
ProLogis is the worlds largest owner, manager and developer of
distribution facilities, with operations in 81 markets across North
America, Europe and Asia. The company has $25.3 billion of assets owned,
managed and under development, comprising 406.9 million square feet (37.8
million square meters) in 2,406 properties as of September 30, 2006.
ProLogis customers include manufacturers, retailers, transportation
companies, third-party logistics providers and other enterprises with
large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis
employs more than 1,200 people worldwide.
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