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Ramco-Gershenson Announces 4Q Dividend

SOUTHFIELD, MI-Ramco-Gershenson will pay a fourth-quarter dividend of 42 cents a share, the company announced.

By Dan Heaton | Updated on December 09, 2003

SOUTHFIELD, MI-Ramco-Gershenson Properties Trust has declared a fourth-quarter dividend of $0.42 per share for the period Oct. 1 through Dec. 31, based on an annual dividend of $1.68 per share. The distribution will be payable on Jan. 20, 2004, to shareholders of record on Dec. 31, 2003.

Ramco-Gershenson Properties Trust has a portfolio of 64 shopping centers totaling approximately 12.9 million sf of gross leasable area, consisting of 63 community centers, of which ten are power centers and two are single tenant properties, as well as one enclosed regional mall.

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