ASR Investments Corp. announces 1997 second quarter dividend.TUCSON, Ariz.--(BUSINESS WIRE)--June 3, 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 50 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. payable on June 30, 1997, to stockholders of record as of June 16, 1997. ASR Investments Corp. is a self-administered and self-managed real estate investment trust that owns and operates apartment communities. It owns 36 apartment communities containing 6,347 units located in Phoenix and Tucson, Dallas and Houston, Seattle and Pullman, Wash. and Albuquerque, N.M. CONTACT: ASR Investments Corp., Tucson Joseph C. Chan, 520/748-2111 fax: 520/750-8865 |
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