Humor and Quirks Humor and Quirks
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Investors Real Estate Trust: Investors Real Estate Trust Announces 2008 Distribution Allocation


Published on 2009-01-05 10:36:58, Last Modified on 2009-01-05 10:37:35 - Market Wire
  Print publication without navigation


MINOT, ND--(Marketwire - January 5, 2009) - Investors Real Estate Trust (NASDAQ: [ IRET ]) (NASDAQ: [ IRETP ]) today announced the final tax treatment (Form 1099) for calendar year 2008 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 Investors Real Estate Trust distributions. None of the following 2008 calendar year distributions is eligible for treatment as "qualified dividend income." 

 Cash Ordinary Return Total Security Record Payable Distribution Taxable of Capital Description Date Date Per Share Distribution Capital Gain -------- -------- ------------ ------------ -------- -------- Common Shares 01/02/08 01/14/08 $ 0.1675 $ 0.0895 $ 0.0780 $ 0.0000 CUSIP: 03/14/08 04/01/08 $ 0.1680 $ 0.0898 $ 0.0782 $ 0.0000 461730103 06/16/08 07/01/08 $ 0.1685 $ 0.0900 $ 0.0785 $ 0.0000 Symbol: IRET 09/15/08 10/01/08 $ 0.1690 $ 0.0903 $ 0.0787 $ 0.0000 ------------ ------------ -------- -------- TOTALS $ 0.6730 $ 0.3596 $ 0.3134 $ 0.0000 ============ ============ ======== ======== Cash Ordinary Return Total Security Record Payable Distribution Taxable of Capital Description Date Date Per Share Distribution Capital Gain -------- -------- ------------ ------------ -------- -------- Series A Preferred Shares 03/14/08 03/31/08 $ 0.515625 $ 0.515625 $ 0.0000 $ 0.0000 CUSIP: 06/16/08 06/30/08 $ 0.515625 $ 0.515625 $ 0.0000 $ 0.0000 461730202 09/15/08 09/30/08 $ 0.515625 $ 0.515625 $ 0.0000 $ 0.0000 Symbol: 12/15/08 12/31/08 $ 0.515625 $ 0.515625 $ 0.0000 $ 0.0000 IRETP ------------ ------------ -------- -------- TOTALS $ 2.062500 $ 2.062500 $ 0.0000 $ 0.0000 ============ ============ ======== ========

Investors Real Estate Trust is a real estate investment trust headquartered in Minot, North Dakota, with additional offices in Minneapolis, Minnesota, and Omaha, Nebraska. As of October 31, 2008, IRET owned 165 commercial properties consisting of office, medical, industrial and retail properties, with a total of approximately 11.6 million square feet, and 77 multi-family apartment communities with a total of 9,564 units, with properties located primarily in the Midwest. For more company information, visit the Investors Real Estate Trust website at [ www.iret.com ].


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