FARMINGTON HILLS, Mich., May 17, 2017 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the “Company”) today announced that its Board of Trustees declared a regular second quarter cash dividend of $0.22 per common share. The Board also approved a second quarter Series D convertible perpetual preferred share dividend of $0.90625 per share. The dividends, for the period April 1 through June 30, 2017, are payable on July 3, 2017 to shareholders of record on June 20, 2017.
About Ramco-Gershenson Properties Trust
Ramco-Gershenson Properties Trust (NYSE:RPT) is a premier, national publicly-traded shopping center real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company’s primary business is the ownership and management of regional dominant and urban-oriented, infill shopping centers in key growth markets in the 40 largest metropolitan markets in the United States. At March 31, 2017, the Company owned interests in and managed a portfolio of 65 shopping centers and two joint venture properties. At March 31, 2017, the Company’s consolidated portfolio was 94.3% leased. Ramco-Gershenson is a fully-integrated qualified REIT that is self-administered and self-managed. For additional information about the Company please visit www.rgpt.com or follow Ramco-Gershenson on Twitter @RamcoGershenson and facebook.com/ramcogershenson/.
Company Contact: Dawn L. Hendershot, Vice President of Investor Relations and Corporate Communications 31500 Northwestern Highway, Suite 300 Farmington Hills, MI 48334 firstname.lastname@example.org (248) 592-6202
Source:Ramco-Gershenson Properties Trust