PORT WASHINGTON, N.Y., July 29, 2013 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.05 per share on the Company's Common Stock, payable on August 20, 2013 to shareholders of record as of the close of business on August 9, 2013. The Company also announced that the Board of Directors has approved payment of a cash dividend of $0.4531250 on the Company's 7 ¼% Series B Cumulative Redeemable Preferred Stock, payable on August 20, 2013 to shareholders of record as of the close of business on August 9, 2013. About Cedar Realty Trust Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company's portfolio (excluding properties treated as "held for sale") is comprised of 67 properties, with approximately 10 million square feet of GLA. For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com. SOURCE Cedar Realty Trust, Inc.