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    February 6, 2020
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DAKOTA REIT Invest. Protect. Diversify. Grow. DIVIDEND DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly dividend at 20 cents per share, (5.16 % rate of return) payable October 31. 2019 to shareholders of record as of September 30, 2019. Dakota REIT has paid dividends for 21 years and this is its 88h consecutive quarterly dividend. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com C\Company DataDAKOTA REITAdvertising and Media Releases Advertising - Newspapers Ad Announcement Qtrly Dividend 2019 AD Dividend Declaration 2019 3rd Qtr Dividend Declaration Ad.doc DAKOTA REIT Invest. Protect. Diversify. Grow. DIVIDEND DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly dividend at 20 cents per share, (5.16 % rate of return) payable October 31. 2019 to shareholders of record as of September 30, 2019. Dakota REIT has paid dividends for 21 years and this is its 88h consecutive quarterly dividend. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com C\Company DataDAKOTA REITAdvertising and Media Releases Advertising - Newspapers Ad Announcement Qtrly Dividend 2019 AD Dividend Declaration 2019 3rd Qtr Dividend Declaration Ad.doc