FARMINGTON HILLS, Mich., Feb. 28, 2018 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the “Company”) today announced that its Board of Trustees declared a first quarter cash dividend of $0.22 per common share at its regularly scheduled Board meeting held on February 28, 2018. The Board also approved a first quarter Series D convertible perpetual preferred share dividend of $0.90625 per share. The dividends, for the period January 1 through March 31, 2018, are payable on April 2, 2018 to shareholders of record on March 20, 2018.
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 December 31, 2017, the Company owned interests in and managed a portfolio of 56 shopping centers and three joint venture properties. At December 31, 2017, the Company's consolidated portfolio was 93.3% 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/.
Dawn L. Hendershot, Senior Vice President of Investor Relations and Public Affairs
31500 Northwestern Highway, Suite 300
Farmington Hills, MI 48334
Source:Ramco-Gershenson Properties Trust