MINOT, N.D., Jan. 15, 2015 /PRNewswire/ -- Investors Real Estate Trust (NYSE: IRET) (NYSE: IRET PR) (NYSE: IRET PRB) today announced the final tax treatment (Form 1099) for calendar year 2014 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 2014 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 CUSIP: 461730103 Symbol: IRET | 01/02/14 | 01/15/14 | $0.130000 | $0.033468 | $0.066521 | $0.030011 | $0.021225 |
03/17/14 | 04/01/14 | $0.130000 | $0.033468 | $0.066521 | $0.030011 | $0.021225 |
06/16/14 | 07/01/14 | $0.130000 | $0.033468 | $0.066521 | $0.030011 | $0.021225 |
09/15/14 | 10/01/14 | $0.130000 | $0.033468 | $0.066521 | $0.030011 | $0.021225 |
TOTALS | $0.520000 | $0.133872 | $0.266084 | $0.120044 | $0.084900 |
Security Description | Record Date | Payable Date | Cash Distribution Per Share | Ordinary Taxable Distribution | Return of Capital | Total Capital Gain | Unrecaptured Section 1250 Gain |
Series A Preferred Shares CUSIP: 461730202
Symbol: IRETPR | 03/17/14 | 03/31/14 | $0.515625 | $0.394144 | $0.000000 | $0.121481 | $0.085916 |
06/16/14 | 06/30/14 | $0.515625 | $0.394144 | $0.000000 | $0.121481 | $0.085916 |
09/15/14 | 09/30/14 | $0.515625 | $0.394144 | $0.000000 | $0.121481 | $0.085916 |
12/15/14 | 12/31/14 | $0.515625 | $0.394144 | $0.000000 | $0.121481 | $0.085916 |
TOTALS | $2.062500 | $1.576576 | $0.000000 | $0.485924 | $0.343664 |
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 Preferred Shares CUSIP: 461730301
Symbol: IRETPRB | 03/17/14 | 03/31/14 | $0.496875 | $0.379811 | $0.000000 | $0.117064 | $0.082792 |
06/16/14 | 06/30/14 | $0.496875 | $0.379811 | $0.000000 | $0.117064 | $0.082792 |
09/15/14 | 09/30/14 | $0.496875 | $0.379811 | $0.000000 | $0.117064 | $0.082792 |
12/15/14 | 12/31/14 | $0.496875 | $0.379811 | $0.000000 | $0.117064 | $0.082792 |
TOTALS | $1.987500 | $1.519244 | $0.000000 | $0.468256 | $0.331168 |
Investors Real Estate Trust is an equity real estate investment trust based in Minot, North Dakota, and has additional offices in Minneapolis and St. Cloud, Minnesota. As of October 31, 2014, IRET owned 257 properties consisting of multi-family, office, medical, industrial and retail properties, with a total of approximately 9.9 million square feet of commercial properties, and 11,292 units of multi-family residential properties, located primarily in the Midwest. For more company information, visit the Investors Real Estate Trust website at www.iret.com.
| CONTACT INFO Cindy Bradehoft Director of Investor Relations 10050 Crosstown Circle, Suite 105 Eden Prairie, Minnesota 55344 phone: 952.401.4835 fax: 952.401.7058 email: cbradehoft@iret.com |
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SOURCE Investors Real Estate Trust