Business and Finance Business and Finance
Fri, January 23, 2009
Thu, January 22, 2009
[ Thu, Jan 22nd 2009 ] - Market Wire
Black Box Launches New Web Site

Ramco-Gershenson Announces 2008 Year End Tax Reporting Information


Published on 2009-01-22 12:43:25, Last Modified on 2009-01-22 12:44:11 - Market Wire
  Print publication without navigation


FARMINGTON HILLS, Mich.--([ BUSINESS WIRE ])--Ramco-Gershenson Properties Trust(NYSE:RPT) announced today that 2008 distributions on the Company's common shares of beneficial interest represent 40.6954% ordinary income, 2.5652% qualified dividend income, and 56.7394% capital gain income. These percentages do not apply if you held varying amounts of Ramco-Gershenson Properties Trust stock throughout the year. Please reference reporting information below for the taxable components of each of our four distributions made during 2008. The distributions on the common shares for 2008 were based upon a quarterly rate of $0.4625 and $0.2313 per share for the 1st through 3rd and 4th quarters, respectively, resulting in an annual distribution of $1.6188 per share.

Ramco-Gershenson Properties Trust, headquartered in Farmington Hills, Michigan, is a fully integrated, self-administered, publicly-traded real estate investment trust (REIT), which owns, develops, acquires, manages and leases community shopping centers, regional malls and single tenant retail properties, nationally. The Trust owns interests in 89 shopping centers totaling approximately 20.1 million square feet of gross leasable area in Michigan, Florida, Georgia, Ohio, Wisconsin, Tennessee, Indiana, New Jersey, Virginia, South Carolina, North Carolina, Maryland and Illinois. For additional information regarding Ramco-Gershenson Properties Trust visit the Trust's website at [ www.rgpt.com ].

REPORTING INFORMATION (FORM 1099) – DISTRIBUTIONS

The income tax treatment for 2008 distributions for Ramco-GershensonProperties Trust common shares of beneficial interest, CUSIP No. 751452202*, traded on the New York Stock Exchange under ticker symbol RPT, is as follows:

*Also applies to CUSIP #751452103, for shares of beneficial interest that have not been exchanged for common shares of beneficial interest in the Maryland Trust pursuant to a change of venue merger which changed the Trust's state of organization from Massachusetts to Maryland.

      Gross   Taxable   Qualified   Long Term  
Declaration Record Payable Distribution Ordinary Dividend Capital Unrecaptured
Date   Date   Date   Per Share   Dividend   Income   Gain   1250 Gain
 
3/4/2008 3/20/2008 4/1/2008 $0.462500 $0.294286 $0.006162 $0.110639 $0.051413
6/11/2008 6/20/2008 7/1/2008 $0.462500 $0.145790 $0.014145 $0.186802 $0.115763
9/10/2008 9/20/2008 10/1/2008 $0.462500 $0.145790 $0.014145 $0.186802 $0.115763
12/2/2008 12/20/2008 1/05/09 $0.231300   $0.072911   $0.007074   $0.093421   $0.057894
Total $1.618800   $0.658777   $0.041526   $0.577664   $0.340833

THIS INFORMATION REPRESENTS FINAL INCOME ALLOCATIONS.