PR Newswire
MINOT, N.D., Dec. 5, 2018
MINOT, N.D., Dec. 5, 2018 /PRNewswire/ -- IRET
(NYSE: IRET) announced today that its Board of Trustees declared a regular quarterly distribution of $0.07 per share/unit, payable on January 15, 2019, to common shareholders and
unitholders of record at the close of business on January 2, 2019. This distribution will be
the 191st consecutive quarterly distribution paid by IRET since its inception in 1970.
The Board of Trustees also declared a distribution of $0.4140625 per share on the 6.625% Series
C Cumulative Redeemable Preferred Shares (NYSE: IRET PRC), payable on December 31, 2018,
to holders of record at the close of business on December 17, 2018. Series C preferred share
distributions are cumulative and payable quarterly in arrears at an annual rate of $1.65625 per
share.
About IRET
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of
apartment communities. As of July 31, 2018, IRET owned 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