MINNEAPOLIS, Jan. 23, 2019 /PRNewswire/ -- IRET
(NYSE: IRET) announced today the final tax treatment (Form
1099-DIV) for calendar year 2018 distributions on its common and
preferred shares of beneficial interest. Shareholders are
encouraged to consult with their personal tax advisors as to the
specific tax treatment of their IRET distributions.
Security
Description
|
Record
Date
|
Payable
Date
|
Cash
Distribution
Per Share
|
Ordinary
Taxable
Distribution
|
Return of
Capital
|
Total
Capital
Gain
|
Unrecaptured
Section
1250 Gain
|
Common
Shares
CUSIP:
461730509
Symbol:
IRET
|
01/02/18
|
01/16/18
|
$0.070000
|
$0.000000
|
$0.000000
|
$0.070000
|
$0.047634
|
03/15/18
|
04/02/18
|
$0.070000
|
$0.000000
|
$0.000000
|
$0.070000
|
$0.047634
|
06/15/18
|
07/02/18
|
$0.070000
|
$0.000000
|
$0.000000
|
$0.070000
|
$0.047634
|
09/17/18
|
10/01/18
|
$0.070000
|
$0.000000
|
$0.000000
|
$0.070000
|
$0.047634
|
TOTALS
|
$0.280000
|
$0.000000
|
$0.000000
|
$0.280000
|
$0.190536
|
Security
Description
|
Record
Date
|
Payable
Date
|
Cash
Distribution
Per Share
|
Ordinary
Taxable
Distribution
|
Return of
Capital
|
Total
Capital
Gain
|
Unrecaptured
Section
1250 Gain
|
Series C
Preferred Shares
CUSIP:
461730400
Symbol:
IRETPRC
|
03/15/18
|
04/02/18
|
$0.4140625
|
$0.000000
|
$0.000000
|
$0.4140625
|
$0.281765
|
06/15/18
|
07/02/18
|
$0.4140625
|
$0.000000
|
$0.000000
|
$0.4140625
|
$0.281765
|
09/17/18
|
10/01/18
|
$0.4140625
|
$0.000000
|
$0.000000
|
$0.4140625
|
$0.281765
|
|
12/17/18
|
12/31/18
|
$0.4140625
|
$0.000000
|
$0.000000
|
$0.4140625
|
$0.281765
|
TOTALS
|
$1.6562500
|
$0.000000
|
$0.000000
|
$1.6562500
|
$1.127060
|
IRET's common shares started trading under a new CUSIP number
(461730509) upon the execution of IRET's 1-for-10 reverse stock
split, which became effective as of the close of trading on
December 27, 2018.
About IRET
IRET is a real estate company focused on the ownership,
management, acquisition, redevelopment, and development of
apartment communities. IRET owns interests in
87 communities consisting of 13,702 apartment
homes. IRET's common shares and Series C preferred shares
are publicly traded on the New York Stock Exchange (NYSE symbols:
"IRET" and "IRET PRC," respectively). IRET's press
releases and supplemental information are available on its website
at www.iretapartments.com or by calling Investor Relations at
701-837-7104.
Contact Information
Jonathan Bishop
Vice President – Finance
Phone: 701-837-7104
E-mail: IR@iret.com
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SOURCE IRET