Westfield America, Inc. (NYSE:WEA) declares second quarter dividend


Countries: United States

Los Angeles, CA, June 19, 1998 – The Board of Directors of Westfield America, Inc. (NYSE: WEA) today declared a dividend for the second quarter, ending June 30, 1998, of $0.355 per share or $1.42 on an annual basis. During 1997, the effective dividend rate was $1.40 per share. The dividend is payable July 30, 1998, to shareholders of record on June 30, 1998.

Westfield America, Inc., a real estate investment trust, is one of the leading owners of regional shopping centers in the United States. The company owns interests in 26 major shopping centers in 10 metropolitan areas in the states of California, Colorado, Connecticut, Maryland, Missouri, New York and Washington.