Investors Real Estate Trust Declares Regular Quarterly Common Share Distribution, and Declares Series A Preferred Share Distr...
2012年3月8日 - 7:00AM
Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) announced
today that the Board of Trustees has declared a regular quarterly
distribution of 13.00 cents per share/unit payable on April 2,
2012, to common shareholders and unitholders of record at the close
of business on March 19, 2012. The distribution reinvestment price
will be the volume-weighted average NASDAQ share price on March 19,
2012, less a discount of 5%. The Company has filed a registration
statement with the Securities and Exchange Commission to register
the number of common shares necessary to meet distribution
reinvestment elections.
This 13 cents per common share/unit distribution represents the
164th consecutive quarterly distribution paid by IRET since its
inception in 1970. The previous regular quarterly distribution, of
13.00 cents per common share/unit, was paid January 16, 2012.
Investors Real Estate Trust's Board of Trustees also declared
today a distribution of 51.5625 cents per share on the Company's
Series A Cumulative Redeemable Preferred Shares (Nasdaq:IRETP).
This distribution will be payable April 2, 2012 to Series A
preferred shareholders of record on March 19, 2012.
Access information for IRET's quarterly earnings call on
Tuesday, March 13 at 9 a.m. Central Time is as follows:
USA Toll Free Number: 1-877-317-6789
International Toll Free Number: 1-412-317-6789
Canada Toll Free Number: 1-866-605-3852
Webcast: www.iret.com, Earnings Calls, 3rd Qtr Fiscal 2012
Earnings Call
About Investors Real Estate Trust
Investors Real Estate Trust is an equity real estate investment
trust. Its business consists of owning and operating
income-producing multi-family residential and commercial properties
located primarily in the upper Midwest. Investors Real Estate
Trust is based in Minot, North Dakota, and has additional offices
in Minneapolis, Minnesota and Omaha, Nebraska.
Forward-Looking Statements
Certain statements in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results to differ materially from projected results. Such
risks, uncertainties and other factors include, but are not limited
to: fluctuations in interest rates, the effect of government
regulations, the availability of capital, changes in general and
local economic and real estate market conditions, competition, our
ability to attract and retain skilled personnel, and those risks
and uncertainties detailed from time to time in our filings with
the Securities and Exchange Commission, including our 2011 Form
10-K. We assume no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events.
CONTACT: Lindsey Knoop Anderson
Director of Investor Relations
3015 16th Street SW, Suite 100
PO Box 1988
Minot, North Dakota 58702-1988
phone: 701.837.4738
fax: 701.838.7785
email:landerson@iret.com
Investors Real Estate Trust - Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (MM) (NASDAQ:IRETP)
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Investors Real Estate Trust - Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (MM) (NASDAQ:IRETP)
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から 6 2023 まで 6 2024