Angeles Mortgage Investment Trust Declares Fourth Quarter 1997 Dividend Increase.LOS ANGELES--(BUSINESS WIRE)--Sept. 17, 1997--The board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Angeles Mortgage Investment Trust (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :ANM) declared a quarterly dividend in the amount of 30 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 Nov. 5, 1997, to shareholders of record on Oct. 14, 1997. This latest increase in quarterly dividends represents an increase of 11% over the 27 cents paid during the prior quarter, and an 87.5% increase over the dividend of 16 cents per share paid in the same quarter of 1996. Ronald Consiglio, the Trust's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated that the increase in the dividend reflects the continuing improvement of the Trust's portfolio. CONTACT: Angeles Mortgage Investment Trust, Los Angeles Ann Merguerian, 805/449-1335 |
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