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SOUTHFIELD, MI – Ramco-Gershenson Properties Trust recently announced a fourth quarter dividend of $0.42 per share for the period Oct. 1, 2000, through Dec. 31, 2000, based on an annual dividend of $1.68 per share. The distribution will be payable on Jan. 16, 2001, to shareholders of record on Dec. 31, 2000.

The company has a portfolio of 56 shopping centers, with approximately 11.7 million sf of gross leasable area. They are located in Michigan, Ohio, Wisconsin, New Jersey, Maryland, Virginia, North Carolina, South Carolina, Tennessee, Georgia, Alabama and Florida. Headquartered in Southfield, MI, the company is a real estate investment trust (REIT).

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