BRT REALTY TRUST Announces an Increase in Its Cash Distribution to Shareholders.Business Editors GREAT NECK, N.Y.--(BUSINESS WIRE)--Dec. 10, 2003 BRT BRT Bus Rapid Transit BRT Business Roundtable BRT Brightness BRT Be Right There (chat) BRT Bruttoregistertonnen (German: Gross Register Tons) BRT Biratnagar (Nepal) REALTY TRUST (NYSE NYSE See: New York Stock Exchange :BRT) announced today that its Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. had declared a cash distribution of $.38 per share payable on January 2, 2004 to shareholders of record on December 22, 2003. Jeffrey Gould, President of the Company stated that this distribution represents a $.02 per share increase in the quarterly cash distribution. Mr. Gould noted that the cash distribution will be reported to the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. as a dividend paid in 2003. Form 1099's will be sent to shareholders at the end of January 2004 and will include the dividend paid on January 2, 2004 as a dividend payment applicable to 2003. The amount and timing of future distributions will be at the discretion of the Board and will depend upon BRT's financial position, earnings, cash flow and other factors. BRT REALTY TRUST is a mortgage-oriented real estate investment Trust. |
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