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Retail Value Inc. Announces the Results of Dividend Election

BEACHWOOD, Ohio--(BUSINESS WIRE)--On January 11, 2021, Retail Value Inc. (NYSE:RVI) announced that its common stock dividend of $1.16 per share payable on January 12, 2021 will be paid with approximately $2.1 million in cash and approximately 1,255,000 common shares after giving effect to the Puerto Rico withholding tax of 10% which is applicable to the full $1.16 per share distribution.