The owner of the Empire State Building canceled plans to pay dividends to shareholders for the remainder of the year. It’s the first such move by New York City’s large, publicly-held landlords and another indication that the office market is struggling under the weight of the pandemic. Empire State Realty Trust announced in a filing with the Securities and Exchange Commission Thursday that it will suspend its third- and fourth-quarter dividends. Real estate investment trusts
source https://therealdeal.com/2020/08/27/empire-state-realty-cancels-dividend-for-rest-of-2020/
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