DDR Corp. (DDR) declared Q3 2018 common stock dividend of $0.20 per share

DDR Corp. is a  real estate investment trust (REIT) that invests in shopping centers.

• Headquarters: Beachwood, OH
• Number of employees: 540 (2016)
• ddr.com
• ex-div date: Sept 25; $0.20 per share; payable on October 10, 2018 

  

BEACHWOOD, Ohio--(BUSINESS WIRE)--

DDR Corp. (DDR) declared its third quarter 2018 common stock dividend of $0.20 per share. The common stock dividend is payable on October 10, 2018 to shareholders of record at the close of business on September 26, 2018.

About DDR

DDR is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at http://www.ddr.com/.

DDR — is it a buy? (options trade)

• Apr. 27:  Is DDR a buy  (May calls)?

  

• Answer:  NO
• One-for-two reverse stock split on May 21, 2018.

DDR Corp. (DDR) reported earnings on Tue 25 Apr 2017 (a/h)

** charts before earnings **

 

** charts after earnings **

DDR beats by $0.01, reports revs in-line; withdraws previous FY17 FFO and Operating FFO guidance :

• Reports Q1 (Mar) funds from operations of $0.30 per share, $0.01 better than the Capital IQ Consensus of $0.29; revenues fell 6.2% year/year to $230.98 mln vs the $230.91 mln Capital IQ Consensus.
• DDR is withdrawing its previous guidance for net income applicable to common shareholders, Funds From Operations ("FFO") and Operating FFO given the unpredictable timing and magnitude of potential transactional activity in 2017. Previous guidance was for FFO of $1.12-1.16 ($1.10-1.14 NAREIT FFO)
• Expected annual growth in same store net operating income has been reduced from a total portfolio range of 1%-2% previously expected to a range of (1.0%)-0.5% for the US Portfolio; (1.5%)-flat for the Total Portfolio
  • The change in guidance reflects the impact of increased vacancies from recent tenant bankruptcies, which had not been anticipated in prior guidance as well as the inclusion of bad debt expense on a comparable basis.

DDR — is it a buy?

• March 3:  #97;  Is DDR a buy?

• 7 weeks later:  NO

Long trade : DDR +6% (9/15)

Largest NYSE Short Interest Positions as of March 15, 2012

The following are the 100 largest short interest positions on the New York Stock Exchange as of the March 15 settlement date.

Ticker                                                           Avg. Daily 
Symbol   Company                    March 15       Feb. 29        Volume       
=============================================================================
SPY      SPDR S&P 500 ETF          300,522,241    320,414,742    144,584,792
NOK      NOKIA CORP-ADR            238,589,778    217,069,399     30,876,733
IWM      ISHARES-RUS 2000          215,295,924    208,446,628     57,152,838
BAC      BANK OF AMERICA           143,114,063    152,021,136    274,159,980
F        FORD MOTOR CO             142,220,843    135,030,064     43,711,730
XLF      SPDR-FINL SELECT          102,083,147    113,075,054     88,398,994
AA       ALCOA INC                  75,658,108     71,471,265     26,184,628
SVU      SUPERVALU INC              72,690,802     70,089,415      5,633,230
CX       CEMEX SAB-SP ADR           67,034,551     69,299,889     13,477,955
AMD      ADV MICRO DEVICE           66,669,811     61,854,071     18,999,870
T        AT&T INC                   65,362,766     58,993,817     23,016,561
GE       GENERAL ELECTRIC           64,751,898     64,023,158     49,116,713
S        SPRINT NEXTEL CO           61,956,414     56,210,124     52,115,486
DUK      DUKE ENERGY CORP           58,777,412     56,221,756      7,411,113
GME      GAMESTOP CORP-A            58,698,146     54,847,869      3,424,974
GM       GENERAL MOTORS C           57,042,316     54,745,984      8,866,315
SWY      SAFEWAY INC                56,873,816     48,457,680      8,638,178
PFE      PFIZER INC                 54,687,966     50,773,726     35,716,190
CHK      CHESAPEAKE ENERG           52,043,688     51,470,132     11,037,011
EMC      EMC CORP/MA                51,417,912    100,406,089     22,155,268
SNV      SYNOVUS FINL               51,088,922     54,424,970     11,977,268
HST      HOST HOTELS & RE           49,772,976     42,649,204      9,101,007
PBI      PITNEY BOWES INC           49,680,628     48,177,228      3,138,577
NLY      ANNALY CAPITAL M           48,269,717     40,681,602     14,123,647
BBY      BEST BUY CO INC            47,843,752     44,787,941      4,624,288
EXC      EXELON CORP                47,137,061     43,230,042      7,532,886
XLE      SPDR-ENERGY SEL            45,977,915     43,288,258     13,964,138
XLI      SPDR-INDU SELECT           44,123,837     31,839,807     16,712,943
XRT      SPDR S&P RETAIL            44,045,329     46,639,662      5,712,082
RAD      RITE AID CORP              43,458,562     43,308,127     17,741,644
VZ       VERIZON COMMUNIC           43,197,986     44,730,316     11,340,305
MTG      MGIC INVT CORP             42,079,109     44,305,369      5,796,221
SCHW     SCHWAB (CHARLES)           41,323,622     33,521,155     11,188,619
VALE     VALE SA-SP ADR             41,266,494     33,633,117     21,091,271
SD       SANDRIDGE ENERGY           40,539,955     38,163,558     12,587,513
EEM      ISHARES-EMG MKT            39,199,517     42,255,576     49,825,780
C        CITIGROUP INC              37,928,926     37,545,949     52,802,223
DIS      WALT DISNEY CO             37,413,109     37,676,536      8,422,419
JNJ      JOHNSON&JOHNSON            37,031,596     37,192,092      8,951,121
MGM      MGM RESORTS INTE           36,917,565     37,261,893     13,119,819
X        US STEEL CORP              36,358,760     34,821,912     10,163,411
TWX      TIME WARNER INC            35,853,922     33,937,175      9,107,159
PHM      PULTEGROUP INC             35,583,672     35,870,695      9,296,512
BSX      BOSTON SCIENTIFC           35,475,912     33,472,767     10,875,282
XOM      EXXON MOBIL CORP           34,353,360     31,409,797     15,520,289
DHI      DR HORTON INC              33,941,943     28,669,112      8,792,940
LEN      LENNAR CORP-A              33,925,352     29,967,579      6,416,189
KMI      KINDER MORGAN IN           33,903,630     33,567,017      1,871,406
JCP      J.C. PENNEY CO             33,516,131     28,942,871      4,827,239
UAL      UNITED CONTINENT           33,455,976     38,058,490      6,702,212
HDY      HYPERDYNAMICS CP           33,408,356     30,201,886      3,124,194
ECA      ENCANA CORP                33,372,003     25,502,503      5,030,380
F/WS     FORD MOTOR -CW13           33,023,384     33,011,464      1,112,762
MHR      MAGNUM HUNTER RE           32,900,148     30,745,401      3,726,180
WFC      WELLS FARGO & CO           32,870,424     29,209,826     32,914,133
IVN      IVANHOE MINES              32,717,466     31,021,523      2,290,345
JPM      JPMORGAN CHASE             32,573,235     31,470,171     41,423,252
DDR      DDR CORP                  32,537,565     30,929,688      2,688,128
HEK      HECKMANN CORP              31,540,789     28,913,094      4,656,715
KOG      KODIAK OIL & GAS           30,891,458     33,089,095     10,747,069
IYR      ISHARES-DJ REAL            30,702,773     32,348,549      6,344,467
KBH      KB HOME                    30,532,076     32,072,642      4,961,073
HTZ      HERTZ GLOBAL HOL           29,931,910     30,193,528      4,122,560
SPF      STANDARD PACIFIC           29,751,116     30,235,751      3,164,232
SKS      SAKS INC                   29,625,499     31,367,369      1,955,263
RSH      RADIOSHACK CORP            29,620,668     27,348,178      3,896,266
VXX      IPATH-S&P S/T FU           29,295,877     26,865,521     38,140,405
USB      US BANCORP                 28,680,939     30,326,608     12,884,967
CIM      CHIMERA INV CORP           28,535,934     24,429,748     16,146,001
ACI      ARCH COAL INC              28,359,927     25,826,706     10,372,742
RDN      RADIAN GROUP INC           28,174,651     28,255,442      4,920,306
WAG      WALGREEN CO                28,031,741     27,232,148      8,035,933
XLB      SPDR-MATERIALS             27,956,873     23,868,645      9,779,160
AKS      AK STEEL HLDG              27,803,951     24,632,219      9,922,220
OPK      OPKO HEALTH                27,669,144     24,367,303      1,723,544
KRE      SPDR S&P REG BAN           27,548,738     29,989,281      3,128,171
EWZ      ISHARES-BRAZIL             27,343,387     28,126,149     16,563,925
HIG      HARTFORD FINL SV           26,913,438     25,772,355      7,105,547
GCI      GANNETT CO                 26,713,145     25,704,067      4,684,830
KWK      QUICKSILVER RES            26,315,079     23,858,508      3,432,603
ODP      OFFICE DEPOT INC           25,973,899     27,172,820      4,467,243
XOP      SPDR OIL&GAS EXP           25,849,935     24,567,123      4,002,930
XLV      SPDR-HEALTH CARE           25,560,406     26,832,581      4,561,714
RGC      REGAL ENTERTAI-A           24,876,893     26,114,717      2,005,299
THC      TENET HEALTHCARE           24,751,118     25,182,963      7,307,249
USG      USG CORP                   24,726,479     22,358,250      4,128,777
XCO      EXCO RESOURCES I           24,674,106     21,742,923      5,785,327
VALE/P   VALE SA-SP P ADR           24,621,777     23,755,463     10,171,677
WMT      WAL-MART STORES            24,384,346     21,461,710      9,390,839
USU      USEC INC                   24,241,008     23,781,835      1,516,062
NYB      NY COMM BANCORP            24,202,627     27,953,619      5,302,852
CNO      CNO FINANCIAL GR           23,965,469     23,855,761      1,693,901
BMY      BRISTOL-MYER SQB           23,960,899     25,288,242      7,636,764
MAS      MASCO CORP                 23,877,598     19,109,683      6,898,375
LUV      SOUTHWEST AIR              23,847,959     17,069,424      7,713,156
RF       REGIONS FINANCIA           23,734,678     22,768,409     36,653,597
BPZ      BPZ RESOURCES IN           23,644,340     23,192,407      2,124,277
COP      CONOCOPHILLIPS             23,370,817     19,430,117      7,958,538
CVX      CHEVRON CORP               23,040,489     19,830,857      6,657,861
POM      PEPCO HOLDINGS             22,951,143      8,840,769      4,010,497

*-- Data includes ETF positions.