Jul 14, 2005
NEWTON, Mass.--RMR Preferred Dividend Fund (AMEX: RDR) announced today monthly distributions to its common shareholders as follows:
Record Date Pay Date(a) Amount Per Share
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8/19/2005 8/31/2005 $0.15
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9/19/2005 9/30/2005 $0.15
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(a) On or about.
The distributions declared today have been declared pursuant to the Fund's level rate dividend policy. Based upon estimates made by the Fund, it is not expected that any of the distributions declared today include any amounts greater than the distributions and interest received or accrued on such Fund's investments in excess of expenses and costs of leverage or net realized capital gain from sales of securities in the current year. Because the Fund has substantial investments in real estate investment trusts which may classify distributions to the Fund subsequent to the end of a calendar year as, generally, ordinary income or net capital gain, it is possible that some portion of the distributions declared by the Fund will be similarly characterized for tax purposes subsequent to year end.
RDR is a closed-end investment company advised by RMR Advisors Inc., an affiliate of Reit Management & Research LLC. Reit Management & Research LLC and its affiliates have been in business since 1986 and oversee $11.5 billion of assets.
RMR Preferred Dividend Fund
Thomas M. O'Brien
President
James J. McKelvey
Vice President
Timothy A. Bonang
Manager of Investor Relations
617-332-9530
www.rmrfunds.com
© Business Wire , 2008 - 07/14/2005 08:21 AM