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16.01.2018 22:30:00
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IRET Announces 2017 Distribution Allocation
MINOT, N.D., Jan. 16, 2018 /PRNewswire/ -- IRET (NYSE: IRET) announced today the final tax treatment (Form 1099-DIV) for calendar year 2017 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. None of the following 2017 calendar year distributions are eligible for treatment as "qualified dividend income."
Security Description | Record Date | Payable Date | Cash | Ordinary | Return Of | Total | Unrecaptured |
Common Shares | 01/03/17 | 01/17/17 | $0.130000 | $0.018956 | $0.047566 | $0.063478 | $0.063478 |
CUSIP: 461730103 | 03/20/17 | 04/03/17 | $0.070000 | $0.010207 | $0.025612 | $0.034181 | $0.034181 |
Symbol: IRET | 06/15/17 | 07/03/17 | $0.070000 | $0.010207 | $0.025612 | $0.034181 | $0.034181 |
09/15/17 | 10/02/17 | $0.070000 | $0.010207 | $0.025612 | $0.034181 | $0.034181 | |
TOTALS | $0.340000 | $0.049577 | $0.124402 | $0.166021 | $0.166021 |
Security Description | Record Date | Payable Date | Cash | Ordinary | Return Of | Total | Unrecaptured |
Series B | 03/30/17 | 03/31/17 | $0.496875 | $0.114255 | $0.000000 | $0.382620 | $0.382620 |
Preferred Shares | 06/15/17 | 07/03/17 | $0.496875 | $0.114255 | $0.000000 | $0.382620 | $0.382620 |
CUSIP: 461730301 | 09/15/17 | 10/02/17 | $0.496875 | $0.114255 | $0.000000 | $0.382620 | $0.382620 |
Symbol: IRETPRB | 10/30/17 | 10/30/17 | $0.165630 | $0.038086 | $0.000000 | $0.127544 | $0.127544 |
TOTALS | $1.656255 | $0.380851 | $0.000000 | $1.275404 | $1.275404 |
Security Description | Record Date | Payable Date | Cash | Ordinary | Return Of | Total | Unrecaptured |
Series C | |||||||
Preferred Shares | |||||||
CUSIP: 461730400 | |||||||
Symbol: IRETPRC | 12/15/17 | 01/02/18 | $0.418660 | $0.096270 | $0.000000 | $0.322390 | $0.322390 |
TOTALS | $0.418660 | $0.096270 | $0.000000 | $0.322390 | $0.322390 |
About IRET
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. As of October 31, 2017, IRET owned interests in 89 multifamily properties consisting of 13,576 apartment homes and 40 commercial properties, including 28 healthcare and 12 other commercial properties, with a total of 2.5 million square feet of leasable space. 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
Matthew Volpano
Senior Vice President – Capital Markets
Phone: 701-837-7104
E-mail: IR@iret.com
View original content:http://www.prnewswire.com/news-releases/iret-announces-2017-distribution-allocation-300583487.html
SOURCE IRET
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