FARMINGTON HILLS, Mich., Nov. 11, 2014 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the "Company") today announced that its Board of Trustees declared a regular fourth quarter cash dividend of $0.20 per common share for the period of October 1, 2014 through December 31, 2014. The Board also declared a fourth quarter Series D convertible perpetual preferred share dividend of $0.90625 per share for the same period. The dividends are payable on January 2, 2015 to shareholders of record on December 19, 2014.
ABOUT RAMCO-GERSHENSON PROPERTIES TRUST:
Ramco-Gershenson Properties Trust (NYSE:RPT) is a fully integrated, self-administered, publicly-traded real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company's business is the ownership and management of multi-anchor shopping centers in strategic metropolitan markets throughout the Eastern, Midwestern and Central United States. At September 30, 2014, the Company owned and managed a portfolio of 83 shopping centers and one office building with approximately 17.2 million square feet of gross leasable area owned by the Company or its joint ventures. The properties are located in Michigan, Florida, Ohio, Georgia, Missouri, Colorado, Wisconsin, Illinois, Indiana, New Jersey, Virginia, Maryland, Tennessee, Minnesota, and Kentucky. At September 30, 2014, the Company's core operating portfolio was 95.4% leased. Additional information regarding the Company is available via the corporate website at www.rgpt.com.