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

FARMINGTON HILLS, Mich., Nov. 10, 2015 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust RPT (the "Company") today announced that its Board of Trustees declared a regular fourth quarter cash dividend of $0.21 per common share.  The Board also approved a fourth quarter Series D convertible perpetual preferred share dividend of $0.90625 per share. The dividends, for the period October 1, 2015 through December 31, 2015, are payable on January 4, 2016, to shareholders of record on December 21, 2015.  

About Ramco-Gershenson Properties Trust

Ramco-Gershenson Properties Trust 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-anchored shopping centers primarily in a number of the largest metropolitan markets in the central United States.  At September 30, 2015, the Company owned interests in and managed a portfolio of 76 shopping centers and one office building with approximately 16.3 million square feet of gross leasable area.  At September 30, 2015, the Company's consolidated operating portfolio was 94.3% leased. Additional information regarding the Company is available at www.rgpt.com.