Ramco-Gershenson Properties Trust Increases Dividend to $0.16825 from $0.16325

Ramco-Gershenson Properties Trust RPT announced today that it is providing guidance for Funds from Operations (“FFO”) for the full-year 2013. In addition, it has raised its quarterly common share dividend by 3.0%. 2013 Guidance: The Company is estimating that its 2013 full-year FFO per diluted common share will be between $1.03 and $1.09. The 2013 guidance takes into consideration the following key assumptions: * Projected year-end core portfolio leased occupancy of between 94% - 95%. * An anticipated increase in same-center net operating income of 2% - 3%. The 2013 guidance excludes any shopping center acquisitions or dispositions, transaction costs, potential impairment charges, and gains or losses on extinguishment of debt.
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