EDISON, NJ-Mack-Cali Realty Corp.’s Board of Directors has declared a cash dividend of 45 cents per common share--indicating an annual rate of $1.80 per common share paid in cash--for the period July 1, 2010 through Sept. 30, 2010. The dividend will be paid out to shareholders on October 8.

The Board also declared a cash dividend on the company’s 8% Series C cumulative redeemable perpetual preferred stock--$25 liquidation value per depositary share, each representing 1/100th of a share of preferred stock--equal to 50 cents per depositary share for the period July 15, 2010 through Oct. 14, 2010. This dividend will be paid to shareholders on Oct. 15, 2010.

The REIT, headed by president and CEO Mitchell Hersh, owns, or has interests in, 287 properties--primarily office and office/flex buildings located in the Northeast--totaling around 32.9 million square feet.