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Brixmor Property Group (BRX) will raise its quarterly dividend to $0.275 per share next year. The new dividend will be paid on January 16, 2018 to shareholders of record on January 4, 2018. The new dividend yield for BRX is 6.3%.

Brixmor Property Group is a real estate investment trust (REIT) that owns and operates a  national portfolio of open-air shopping centers. The company's portfolio consists predominantly of community and neighborhood shopping centers. Brixmor’s national, regional and local tenants include TJX Companies (TJX), Kroger (KR), Publix Super Markets, Wal-Mart, Ross Stores, Dollar Tree Stores and L.A. Fitness.