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Regency Centers Reports Fourth Quarter Results Ahead of Target; FFO Per Share Grew 8.1% over 2003; Annual Dividend Raised to $2.20 - 10th Consecutive Annual Increase.
Business Wire
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February 2, 2005
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COPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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JACKSONVILLE, Fla. -- Regency Centers Corporation (NYSE:REG) announced today financial and operating results for the quarter and year ended December 31, 2004.
Funds From Operations (FFO) for the fourth quarter were $61.1 million, or $0.95 per diluted share, compared to $55.9 million and $0.91 per diluted share for the same period last year, a per share growth rate of 4.4%. For the full year, FFO was $200.9 million, or $3.21 per diluted share, compared to $181.8 million and $2.97 per diluted share for 2003, a per share growth rate of 8.1%. Regency reports FFO in ...
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