Le Lézard
Classified in: Business
Subject: DIV

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
 Distribution
Per Share

Ordinary
Taxable

Distribution

Return Of
Capital

Total
Capital Gain

Unrecaptured
Section 1250
Gain

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
Distribution
Per Share

Ordinary
Taxable
Distribution

Return Of
Capital

Total
Capital Gain

Unrecaptured
Section 1250
Gain

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
Distribution
Per Share

Ordinary
Taxable
Distribution

Return Of
Capital

Total
Capital Gain

Unrecaptured
Section 1250
Gain

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: [email protected]

 

SOURCE IRET


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