Published January 5, 2015 4:17pm EST | Updated January 8, 2015 3:08pm EST

DDR Corp. Hikes Dividend 11%

DDR Corp. said late Monday it hiked its quarterly dividend by 11% to 17.25 cents a share. The dividend is payable April 7 to shareholders of record as of March 12. Shares of the shopping center owner and manager rose 0.2% to $18.56 on light volume in the extended session.