Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Sunday, January 28, 9:36 AM

Slide #32. IRET Preferred Stock Offering

Company: IRET (NYSE:IRET)
Date announced: 9/26/2017
Shares Offered: 4,000,000
Date of Pricing: 9/26/2017
Price Per Share: $25.00
Preferred Stock Offering Details: IRET (NYSE: IRET) (the "Company") today announced the pricing of an underwritten public offering of 4,000,000 of its 6.625% Series C Cumulative Redeemable Preferred Shares (Liquidation Preference $25.00 per Share), no par value per share (the "Series C Preferred Shares"), at a public offering price of $25.00 per share, for gross proceeds of approximately $100.0 million, before deducting the underwriting discount and other estimated offering-related costs. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 Series C Preferred Shares.

Investors Real Estate Trust is a self-advised equity real estate investment trust engaged in acquiring, owning and leasing real estate. Co. conducts its day-to-day business operations through its operating partnership, IRET Properties. Co.'s investments consist of multifamily and healthcare properties located primarily in the Midwest states of Minnesota and North Dakota. As of Apr 30 2017, Co. held for investment 87 multifamily properties containing apartment units and 42 commercial properties, consisting of healthcare, and office, retail and industrial. Co. operates in two reportable real estate segments: multifamily and healthcare.

Preferreds: IRETP, IRET.PRB, IRET.PR


Open the IRET Page at Ru Back Packer »

Name: Investors Real Estate Trust
Website: iret.com
Sector: REITs
Number of ETFs Holding IRET: 20 (see which ones)
Total Market Value Held by ETFs: $78,596,349
Total Market Capitalization: $694,000,000
% of Market Cap. Held by ETFs: 11.33%

Open the IRET Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 32 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved