DRA CRT Acquisition Corp. Pfd (DCAQP)

[Enterprising Investor]

DRA CRT Acquisition Corp. Declares Quarterly Dividend on Preferred Stock (11/20/14)

NEW YORK--(BUSINESS WIRE)--DRA CRT Acquisition Corp. (the “Company”), announced today that its Board of Directors has declared a regular quarterly cash dividend payment of $0.53125 per share on its 8-½% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) to be paid on December 15, 2014 to shareholders of record on December 1, 2014.

The Company's 8-½% Series A Cumulative Redeemable Preferred Stock has been quoted on the OTC Pink market, operated by the OTC Markets Group, Inc., under the symbol “DCAQP.”

As was previously announced, upon the completion, on September 27, 2005, of the merger of CRT Properties, Inc. (“CRT Properties”) with and into the Company and the conversion of CRT Properties' 8-½% Series A Cumulative Redeemable Preferred Stock on a 1:1 basis into shares of 8-½% Series A Cumulative Redeemable Preferred Stock of the Company, such preferred stock was delisted from the New York Stock Exchange and the Company does not file periodic and other reports with the Securities and Exchange Commission.

Additional information regarding the Company's 8-½% Series A Cumulative Redeemable Preferred Stock will be provided as it becomes available and is available at www.draadvisors.com.

About DRA CRT Acquisition Corp.

DRA CRT Acquisition Corp. is a Delaware real estate investment trust (“REIT”). As of September 30, 2014, the Company owned 6 real estate investments consisting of office investments and land parcels, totaling approximately 3.4 million rentable square feet, located in 6 suburban office areas in Florida, Georgia and Tennessee.

http://www.businesswire.com/news/home/20141120006485/en/DRA-CRT-Acquisition-Corp.-Declares-Quarterly-Dividend#.VG5eEvnF98E