Ramco-Gershenson Properties Trust Announces First Quarter 2016 Common and Preferred Share Dividends

FARMINGTON HILLS, Mich., March 03, 2016 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the “Company”) today announced that its Board of Trustees declared a regular first quarter cash dividend of $0.21 per common share. The Board also approved a first quarter Series D convertible perpetual preferred share cash dividend of $0.90625 per share. The dividends, for the period January 1, 2016 through March 31, 2016, are payable on April 1, 2016 to shareholders of record on March 21, 2016.


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 primary business is the ownership and management of large, multi-anchor shopping centers primarily in a number of the largest metropolitan markets in the central United States. At December 31, 2015, the Company owned interests in and managed a portfolio of 73 shopping centers and one office building with approximately 15.9 million square feet of gross leasable area. At December 31, 2015, the Company's consolidated portfolio was 94.6% leased. Additional information regarding the Company is available on its corporate website: www.rgpt.com.

Company Contact: Dawn L. Hendershot, Vice President of Investor Relations and Corporate Communications 31500 Northwestern Highway, Suite 300 Farmington Hills, MI 48334 dhendershot@rgpt.com (248) 592-6202

Source:Ramco-Gershenson Properties Trust