DIVIDENDS

The following table provides a summary of dividends declared and paid per share:



	Year Ended December 31,
	2011				2010				2009
	Declared		Paid		Declared		Paid		Declared		Paid
Common shares	$	2.720	$	2.700	$	2.660	$	2.650	$	2.620	$	2.610
5.417% Series 1 Cumulative Convertible Preferred shares	$	1.354	$	1.354	$	1.354	$	1.354	$	1.354	$	1.354

A summary of the income tax status of dividends per share paid is as follows:



	Year Ended December 31,
	2011		2010		2009
Common shares
Ordinary dividend	$	2.349	$	2.519	$	2.377
Ordinary dividend eligible for 15% rate	0.027		0.025		0.024
Return of capital	0.162		0.106		0.183
Capital gain	0.162		—		0.026
	$	2.700	$	2.650	$	2.610
5.417% Series 1 Cumulative Convertible Preferred shares
Ordinary dividend	1.246		1.341		1.246
Ordinary dividend eligible for 15% rate	0.013		0.013		0.095
Capital gain	0.095		—		0.013
	$	1.354	$	1.354	$	1.354

On November 2, 2011, the Trustees declared a quarterly cash dividend of $0.69 per common share, payable January 17, 2012 to common shareholders of record on January 3, 2012.