WPG News and Press, Washington Prime Group Inc. From 01/25/20

Co-produced with author Beyond Saving We saw a lot of red across the market in general on Friday. It's important to update on a few issues. Coronavirus Many are pointing to the coronavirus outbreak in China which has varying effects across the market, most of which are psychologi...

There are more than 1,000 malls in the United States today. (Exact estimates vary based on how different analysts count.) However, many of them are struggling with rising vacancy rates and falling customer traffic. As a result, many analysts expect a wave of mall closures in the coming years. ...

To cut or not to cut? This is a heated debate many are having here on Seeking Alpha regarding Washington Prime's ( WPG ) dividend. Let's be honest. No one likes dividend cuts, especially REIT investors. After all, REITs are income vehicles, so the dividend is of paramount importance. Many will...

Washington Prime Group Inc. (NYSE:WPG) today announced the 2019 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative Redeema...

As many know, Louis Conforti, the CEO of Washington Prime Group ( WPG ), is one of the most flamboyant REIT execs who frequently uses rock bands in his investor messaging. For example, he once said, “One thing was and continues to remain certain, status quo is not acceptable. The...

Washington Prime Group Inc. (NYSE: WPG) today announced that the Company will hold a conference call on Thursday, February 27, 2020 at 11:00 a.m. Eastern Time to discuss the Company’s fourth quarter and full year 2019 financial and operating results, as well as its outlook for 2020. ...

This article was selected to be shared with Seeking Alpha PRO+ Income subscribers - find out more here . It seems an increasing portion of investors are realizing the benefits of a growing stream of dividend income. It is the ultimate way to have your money work for you and provides a gre...

A rising tide of store closures has put mall owners on the defensive in recent years. Uncertain about how long this "retail apocalypse" might last and how great the damage may be, investors have dumped shares of mall REITs. In fact, over the past three years, sector leader Simon Property Gr...

What Is A Conviction Buy? Is it true that one can reduce risk by buying stocks with a cheaper valuation? Should valuation play such an important role in the investment process? When I search for investment opportunities, I do not ignore valuation, but valuation is the last thing element I lo...

Co-produced with R. Paul Drake This is the second of two articles comparing and contrasting the financials of mall REITs. Here we concentrate on debt and liquidity, using the 2018 annual 10-K SEC filings for data. All our results are pro rata, including the proportionate share of income ...