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IRET Announces 2017 Distribution Allocation

January 16, 2018 4:30 PM EST

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 DistributionPer Share

Ordinary TaxableDistribution

Return OfCapital

TotalCapital Gain

UnrecapturedSection 1250Gain

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

CashDistributionPer Share

OrdinaryTaxableDistribution

Return OfCapital

TotalCapital Gain

UnrecapturedSection 1250Gain

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

CashDistributionPer Share

OrdinaryTaxableDistribution

Return OfCapital

TotalCapital Gain

UnrecapturedSection 1250Gain

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 IRETIRET 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 InformationMatthew VolpanoSenior Vice President – Capital MarketsPhone: 701-837-7104E-mail: [email protected]

 

Cision View original content:http://www.prnewswire.com/news-releases/iret-announces-2017-distribution-allocation-300583487.html

SOURCE IRET



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