[0] Investors Real Estate Trust Announces Increase in Regular Quarterly Dividend.Business Editors MINOT, N.D.--(BUSINESS WIRE)--Dec.13, 2000 We are pleased to advise that the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Investors Real Estate Trust (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IRETS) has declared a regular quarterly dividend of 14 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , payable January 15, 2001, to shareholders of record at the close of business on January 2, 2001, with the ex-dividend date (for shares being traded on the NASDAQ) being December 29, 2000. The purchase price for the dividend reinvestment plan Dividend Reinvestment Plan (DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. will not exceed $8.17 per share. This 14 cents per share dividend represents the 119th consecutive quarterly dividend paid by IRET since its inception in 1970. This dividend of 14 cents per share payable January 15, 2001, represents an increase of .50 cents or 3.7% over the previous regular quarterly dividend of 13.50 cents per share paid October 1, 2000. |
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