Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A Preferred Share Distribution
MINOT, ND–(Marketwire - November 19, 2008) - Investors Real Estate Trust (
(
regular quarterly distribution of 16.95 cents per share/unit payable on
January 14, 2009, to common shareholders and unitholders of record at the
close of business on January 2, 2009. The distribution reinvestment price
will be the closing NASDAQ share price on January 14, 2009, less a discount
of 5%. The Company has filed a registration statement with the Securities
and Exchange Commission to register the number of common shares necessary
to meet distribution reinvestment elections.
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