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ASR Investments Corp. announces 1997 first quarter dividend.


TUCSON Tucson (t`sŏn'), city (1990 pop. 405,390), seat of Pima co., SE Ariz.; inc. 1877. , Ariz.--(BUSINESS WIRE)--Feb. 27, 1997--ASR Investments Corp. (AMEX AMEX

See: American Stock Exchange
:ASR (Automatic Speech Recognition) Using voice recognition to replace keypad entry for telephone voice menus. Typically used to speak the digits 0 through 9 insted of keying them, ASR systems may be able to recognize a limited vocabulary. See voice recognition and AVSR. ), an apartment REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
, announced a regular quarterly dividend of $0.50 per share payable on March 31, 1997, to stockholders of record as of March 17, 1997.

ASR Investments Corp. is a real estate investment trust that owns and operates apartment communities. It owns 25 apartment communities containing 4,480 units located in Phoenix and Tucson, Albuquerque, N.M., and Houston, including six communities (1,441 units) owned through joint ventures.

CONTACT: ASR Investments Corp., Tucson

Joseph C. Chan, 520/748-2111

fax: 520/750-8865
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 27, 1997
Words:95
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