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ASSET INVESTORS CORP. DECLARES FOURTH QUARTER DIVIDEND OF 5 CENTS PER SHARE

 DENVER, Dec. 14 /PRNewswire/ -- Asset Investors Corp. (NYSE: AIC) today announced its board of directors declared a dividend of 5 cents per share for the quarter ended Dec. 31, 1993, payable on Dec. 30, 1993, to stockholders of record on Dec. 24, 1993. The company paid a dividend of 10 cents per share for the fourth quarter of 1992.
 Asset Investors Corp. is a real estate investment trust which generates income from a portfolio of ownership interests in the issuance of residential CMOs and commercial mortgage-backed securities, and other mortgage-related assets.
 For additional information on Asset Investors Corp. by fax at no cost, dial 1-800-PRO-INFO, code no. 016.
 -0- 12/14/93
 /CONTACT: Spencer I. Browne, president and CEO of AIC, 303-793-2703, or Gary Strong, 312-266-7800, or Regina Ryan, 212-661-8030, of The Financial Relations Board, Inc., for AIC/
 (AIC)


CO: Asset Investors Corp. ST: Colorado IN: FIN SU: DIV

TW -- NY030 -- 3557 12/14/93 10:13 EST
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Publication:PR Newswire
Date:Dec 14, 1993
Words:158
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