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CLI - Mack-Cali Realty suspends dividend for Q3 and Q4 2020
Mack-Cali Realty Corporation
Mack-Cali Realty (CLI) will be suspending its common dividend for the third and fourth quarters of 2020 and intends to revisit the resumption of the dividend in Q1 2021."We are acting decisively to execute our strategy and fortify our balance sheet given the uncertainty of the ongoing pandemic," said MaryAnne Gilmartin, Board Chair and Interim CEO.