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CLI

Mack-Cali Realty

$27.62

0.58 (2.15%)

07:37
06/12/17
06/12
07:37
06/12/17
07:37

Mack-Cali Realty raises quarterly dividend 33.3% to 20c per share

Mack-Cali Realty announced that its Board of Directors has declared a cash dividend of 20c per common share for the period April 1 through June 30. The dividend will be paid on July 14 to shareholders of record as of July 6. This is an increase of 33.3% over the dividend from the prior quarter and the first increase for the company since 2006.

CLI Mack-Cali Realty
$27.62

0.58 (2.15%)

12/16/16
JPMS
12/16/16
UPGRADE
Target $31
JPMS
Overweight
Mack-Cali Realty upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Michael Mueller upgraded Mack-Cali Realty to Overweight to coincide with his 2017 REIT outlook. The analyst raised his price target for the shares to $31 from $29.
12/09/16
SBSH
12/09/16
DOWNGRADE
Target $31.5
SBSH
Neutral
Mack-Cali Realty downgraded to Neutral from Buy at Citi
Citi analyst Emmanuel Korchman downgraded Mack-Cali Realty to Neutral citing valuation and increasing concern over multifamily strength. The analyst keeps a $31.50 price target for the shares.
09/19/16
EVER
09/19/16
UPGRADE
Target $30
EVER
Buy
Mack-Cali Realty upgraded to Buy from Hold at Evercore ISI
Evercore ISI analysts led by Steve Sakwas upgraded Mack-Cali to Buy following last week's analyst day and recent underperformance and maintained its $30 price target. . The analyst said funding requirements have largely been addressed and shares remain cheap.
09/19/16
EVER
09/19/16
UPGRADE
EVER
Buy
Mack-Cali Realty upgraded to Buy from Hold at Evercore ISI

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