Investors Real Estate Trust 6.625% Series C Cumulative Redeemable Preferred Shares
By: Tim McPartland,
Date Issued 9/26/2017
Shares Issued 4,000,000 Over-allotment Shares 600,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol IRET-C OTC Temporary Ticker IRRTP
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 1/02/2018
Quarterly Dividend .414 Annual Dividend 1.656
Securities may be redeemed, at the issuers option, as early as 10/2/2022 at a call price of $25 plus accrued dividends.
Dividend Payment Will NOT BE Qualified Distributions. Preferred stock dividends of REITS are not eligible for the qualified tax rate.
Maturity Date None
Company Investor Relations Page for Investors Real Estate Trust
Click here to find the offering Prospectus and Final Pricing Document
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