Dividend Declaration Details

On February 25, 2026, the Board of Trustees of Seritage Growth Properties (“the Company”) announced a significant update for holders of its preferred stock. The Company has declared a cash dividend of \$0.4375 per share on its 7.00% Series A Cumulative Redeemable Preferred Shares (trading symbol: SRG-PA).

The dividend will be distributed on April 15, 2026 to all shareholders who are on record as owning the preferred shares as of March 31, 2026. This is a routine quarterly dividend, reflecting the cumulative and redeemable nature of the Series A preferred shares.

The 7.00% Series A preferred shares are listed and traded on the New York Stock Exchange under the symbol SRG-PA. This dividend payment reaffirms the Company’s ongoing commitment to return value to its preferred shareholders.

Implications for Shareholders and Potential Market Impact

Why This Matters:

• Shareholder Returns: The consistent payment of preferred dividends is a key consideration for investors seeking stable income streams from their investments.
• Price Sensitivity: The confirmation of the dividend payment is likely to support the preferred share price, as it signals the Company’s financial ability to meet its obligations to preferred shareholders.
• Market Confidence: The dividend declaration, particularly for cumulative preferred shares, may reinforce investor confidence in Seritage Growth Properties’ ongoing operations and liquidity position.
• Redemption and Cumulative Features: Investors should note that these preferred shares are both cumulative (missed dividends must be paid in the future) and redeemable, which are important features for income-oriented investors.

While this announcement is in line with previous dividend payments, its confirmation is particularly important for preferred shareholders. Any disruptions or suspensions to such dividends could have significant ramifications for share valuation, so the ongoing payments are a positive indicator.

Additional Details About Seritage Growth Properties

Company Profile: Seritage Growth Properties is a real estate investment trust (REIT) headquartered at 500 Fifth Avenue, Suite 1530, New York, NY 10110. Its common shares (SRG) and preferred shares (SRG-PA) are both listed on the NYSE.

The Company’s fiscal year ends on December 31. The Series A preferred shares carry a par value of \$0.01 per share and offer a 7.00% cumulative dividend rate, making them attractive for yield-focused investors.

Conclusion

The declaration and scheduled payment of the Series A preferred share dividend is a positive development for Seritage Growth Properties’ income-focused investors. It signals ongoing financial stability and the Company’s commitment to fulfilling its obligations. Shareholders and prospective investors should monitor further communications from the Company for any updates or changes to dividend policy, as such information can be price sensitive and may impact the value of both common and preferred shares.