Commercial REIT DDR Corp (DDR) will raise its quarterly dividend by 14.8 percent to $0.155 per share in 2014. This marks the 4th consecutive year of dividend increases by DDR following a 97.1 percent dividend cut in 2009.

DDR is an owner and manager of open-air shopping centers. The company is a self-administered and self-managed REIT operating as a fully integrated real estate company.  DDR is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers located in the Southeast and Midwest, including Florida, Georgia, Ohio and North Carolina and Puerto Rico.