Investors Real Estate Trust Declares Regular Quarterly Common Share Distribution, and Declares Series A and Series B Preferred
2012年9月5日 - 1:47AM
Investors Real Estate Trust (Nasdaq:IRET) announced today that its
Board of Trustees has declared a regular quarterly distribution of
$0.1300 per share/unit payable on October 1, 2012 to common
shareholders and unitholders of record at the close of business on
September 17, 2012.
This $0.1300 per common share/unit distribution will be the
166th consecutive quarterly distribution paid by IRET since its
inception in 1970. The previous regular quarterly distribution,
also of $0.1300 per common share/unit, was paid July 2, 2012.
Investors Real Estate Trust's Board of Trustees also declared on
September 4, 2012 a distribution of $0.515625 cents per share on
the Company's Series A Cumulative Redeemable Preferred Shares
(Nasdaq:IRETP). This distribution will be payable October 1, 2012
to Series A preferred shareholders of record at the close of
business on September 17, 2012. Series A preferred share
distributions are cumulative and payable quarterly in arrears at an
annual rate of $2.0625 per share.
Also on September 4, 2012, the Board of Directors declared a
distribution for the initial distribution period from, but
excluding, July 31, 2012 to, but excluding, September 30, 2012, of
$0.33125 per share on the Company's 7.95% Series B Cumulative
Redeemable Preferred Shares (NYSE:IRET PRB), payable October 1,
2012 to Series B preferred shareholders of record at the close of
business on September 17, 2012. Series B preferred share
distributions are cumulative and payable quarterly in arrears at an
annual rate of $1.9875 per share.
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 and St. Cloud, Minnesota.
CONTACT: Lindsey Knoop Anderson
Director of Investor Relations
1400 31st Ave SW, Suite 60
PO Box 1988
Minot, North Dakota 58702-1988
phone: 701.837.4738
fax: 701.838.7785
email:landerson@iret.com
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