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 ONÂ Â 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
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Company Investor Relations Page for Investors Real Estate Trust
Click here to find the offering Prospectus and Final Pricing Document