Investors Real Estate Trust Announces 2007 Distribution Allocation
January 07 2008 - 12:56PM
Marketwired
MINOT, ND today announced the final tax treatment (Form 1099)
for calendar year 2007 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 2007 calendar year distributions is eligible for
treatment as "qualified dividend income."
Cash Ordinary Total
Security Record Payable Distribution Taxable Return of Capital
Description Date Date Per Share Distribution Capital Gain(1)
----------- -------- -------- ------------ ------------ --------- -------
Common
Shares 01/02/07 01/12/07 $0.1655 $0.0855 $0.0775 $0.0025
CUSIP:
461730103 03/15/07 04/02/07 $0.1660 $0.0858 $0.0777 $0.0025
Symbol:
IRETS 06/15/07 07/02/07 $0.1665 $0.0861 $0.0780 $0.0025
09/14/07 10/01/07 $0.1670 $0.0863 $0.0782 $0.0025
------------ ------------ --------- -------
TOTALS $0.6650 $0.3437 $0.3114 $0.0099
============ ============ ========= =======
Cash Ordinary Total
Security Record Payable Distribution Taxable Return of Capital
Description Date Date Per Share Distribution Capital Gain(1)
----------- -------- -------- ------------ ------------ --------- -------
Series A 03/15/07 04/02/07 $0.515625 $0.5080 $0.0000 $0.0076
Preferred
Shares 06/15/07 07/02/07 $0.515625 $0.5080 $0.0000 $0.0076
CUSIP:
461730202 09/14/07 10/01/07 $0.515625 $0.5080 $0.0000 $0.0076
Symbol:
IRETP 12/14/07 12/31/07 $0.515625 $0.5080 $0.0000 $0.0076
------------ ------------ --------- -------
TOTALS $2.062500 $2.0320 $0.0000 $0.0305
============ ============ ========= =======
(1) Of the Total Capital Gain distribution amount, 100% is Unrecaptured
Section 1250 Gain. Amounts given do not total due to rounding.
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,
2007, IRET owned 152 commercial properties consisting of office,
medical, industrial and retail properties, with a total of
approximately 10.6 million square feet, and 69 multi-family
apartment communities with a total of 9,397 units, with properties
located primarily in the Midwest. For more company information,
visit the Investors Real Estate Trust website at www.iret.com.
CONTACT INFO Michelle R. Saari PO Box 1988 12 Main Street S
Minot, North Dakota 58701 phone: 701.837.4738 fax: 701.838.7785
email: info@iret.com
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