MINOT, N.D., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) today announced the final tax treatment (Form 1099) for calendar year 2009 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 2009 calendar year distributions is eligible for treatment as "qualified dividend income."
Cash Ordinary
Distri- Taxable Return Total
Security Record Payable bution Distri- of Capital
Description Date Date Per Share bution Capital Gain
---------------------------------------------------------------------
01/02/09 01/14/09 $0.1695 $0.0664 $0.1030 $0.0001
Common
Shares 03/16/09 04/01/09 $0.1700 $0.0666 $0.1033 $0.0001
CUSIP:
461730103 06/15/09 07/01/09 $0.1705 $0.0668 $0.1036 $0.0001
Symbol:
IRET 09/15/09 10/01/09 $0.1710 $0.0670 $0.1039 $0.0001
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TOTALS $0.6810 $0.2668 $0.4138 $0.0004
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Cash Ordinary
Distri- Taxable Return Total
Security Record Payable bution Distri- of Capital
Description Date Date Per Share bution Capital Gain
---------------------------------------------------------------------
03/16/09 03/31/09 $0.515625 $0.515161 $0.0000 $0.000464
Series A 06/15/09 06/30/09 $0.515625 $0.515161 $0.0000 $0.000464
Preferred
Shares 09/15/09 09/30/09 $0.515625 $0.515161 $0.0000 $0.000464
CUSIP:
461730202 12/15/09 12/31/09 $0.515625 $0.515161 $0.0000 $0.000464
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TOTALS $2.062500 $2.060644 $0.0000 $0.001856
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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, 2009, IRET owned 169 commercial properties consisting of office, medical, industrial and retail properties, with a total of approximately 11.8 million square feet, and 77 multi-family apartment communities with a total of 9,669 units, with properties located primarily in the Midwest. For more company information, visit the Investors Real Estate Trust website at www.iret.com.