Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution Payable October 1, 2009 
MINOT, ND (REIT Media) August 26, 2009- Investors Real Estate Trust (Nasdaq:IRET) announced today that its Board of Trustees has declared a regular quarterly distribution of 17.10 cents per share/unit payable on October 1, 2009, to common shareholders and unitholders of record at the close of business on September 15, 2009. The distribution reinvestment price will be the closing NASDAQ share price on October 1, 2009, less a discount of 5%. The Company has filed a registration statement with the Securities and Exchange Commission to register the number of common shares necessary to meet distribution reinvestment elections.
This 17.10 cents per common share/unit distribution represents the 154th consecutive quarterly distribution paid by IRET since its inception in 1970, and represents an increase of .05 cents or .3% over the previous regular quarterly distribution of 17.05 cents per common share/unit paid July 1, 2009.
About Investors Real Estate Trust
Investors Real Estate Trust is an equity real estate investment trust. Its business consists of owning and operating income-producing multi-family residential and commercial properties located primarily in the upper Midwest. Investors Real Estate Trust is based in Minot, North Dakota, and has an additional office in Minneapolis, MN.
Contact:
Investors Real Estate Trust
Michelle R. Saari
701.837.4738
Fax: 701.838.7785
msaari@iret.com
PO Box 1988
3015 16th Street SW, Suite 100
Minot, North Dakota 58702-1988
Share It: 
Bookmark It: 
Aug.26.2009. 22:09
This article hasn't been commented yet.
* = required field