The press release you provided about CBL Properties’ (NYSE: CBL) quarterly dividend does not contain any explicit statements from management regarding future dividend‑growth expectations or a formal payout‑policy roadmap.
What the release tells us:
| Item | Details (as reported) |
|---|---|
| Current dividend | $0.45 per share for the quarter ending Sept 30 2025 (12.5 % higher than the prior quarter). |
| Annualized rate | $1.80 per share. |
| Payment date | September 30 2025, with a record date of September 15 2025. |
| Management comment | “We are pleased to be able to share the immediate accretion of …” (the quotation is truncated in the excerpt). |
Missing from the release:
- Future dividend‑growth guidance – No mention of a target annual increase (e.g., “aim to increase dividends by X% per year” or “target a 2‑3 % compound annual growth rate”).
- Payout‑policy guidance – No reference to a target payout‑ratio, a commitment to maintain a certain ratio of cash flow or earnings, or a statement that dividends will be “stable or growing” over a certain horizon.
- Long‑term objective – No disclosure of a multi‑year dividend plan, or an indication that the dividend will be “sustainable,” “increasing,” or “subject to board discretion.”
Therefore, based strictly on the information you provided:
- Management has not communicated any specific guidance on future dividend growth or on a payout policy in this announcement.
- The only concrete information is the one‑time quarterly dividend increase to $0.45 per share for the quarter ending Sept 30 2025, with an annualized payout of $1.80 per share.
If you need more detailed insight (e.g., past trends, management commentary from earnings calls, or outlooks from the investor‑relations or annual reports), you would need to consult other sources such as a recent earnings call transcript, the company’s investor‑presentation slides, or the full press release (which may contain the missing sentence). In the absence of that additional information, we cannot definitively state what the company’s future dividend growth expectations or payout policy are.