IRET provides a convenient way to reinvest cash distributions and purchase common shares of beneficial interest through our Distribution Reinvestment and Share Purchase Plan (IRET Direct).
Through IRET Direct, you can reinvest your distributions at a 5% discount below the closing market price for our common shares on the distribution payment date. The plan also offers a convenient way for you to purchase additional IRET common shares. Key features of this voluntary cash contribution option include:
$250 - $3,000 investment per month
Purchase common shares on the 5th of each month
5% discount below the closing market price for IRET common shares on the investment date
No cost to purchase shares or additional account maintenance fees