Ramco-Gershenson Properties Trust Announces Fourth Quarter 2016 Common and Preferred Share Dividends

FARMINGTON HILLS, Mich., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust RPT (the "Company") today announced that its Board of Trustees declared a regular fourth quarter cash dividend of $0.22 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, 2016 through December 31, 2016, are payable on January 3, 2017 to shareholders of record on December 20, 2016.  

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-anchor shopping centers primarily in a number of the largest metropolitan markets in the central United States. On September 30, 2016, the Company owned interests in and managed a portfolio of 66 shopping centers with approximately 14.8 million square feet of gross leasable area. On September 30, 2016, the Company's consolidated portfolio was 94.2% leased. For additional information about the Company please visit www.rgpt.com or follow Ramco-Gershenson on Twitter @RamcoGershenson and facebook.com/ramcogershenson/.