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Black Creek Diversified boosts monthly dividends for Q1'18

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Black Creek Diversified boosts monthly dividends for Q1'18

Black Creek Diversified Property Fund Inc. increased its monthly dividends to 3.125 cents per share from the previous monthly payout of 3.000 cents per share, subject to class-specific fee adjustments.

The new dividends mark the second payout hike for the company, formerly known as Dividend Capital Diversified Property Fund Inc., since converting into a net-asset-value real estate investment trust.

The dividends are payable in January, February and March 2018 to stockholders of record as of market close on the last business day of January, February and March 2018, respectively.