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Bedford Property Investors Announces Third Quarter Dividend.


LAFAYETTE, Calif.--(BUSINESS WIRE)--Sept. 15, 1998--Bedford Property Investors, Inc. (NYSE NYSE

See: New York Stock Exchange
:BED) today announced its third quarter dividend of $0.33 per share.

The Board of Directors declared a third quarter dividend of $0.33 per share, payable October 15, 1998, to stockholders of record as of September 30, 1998. This is a 10% increase over the dividend in the third quarter of 1997.

Bedford Property Investors is a self-administered equity real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) with investments in suburban office buildings and industrial properties concentrated in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River
West

Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century
. It is traded on the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Pacific Exchanges under the symbol "BED" and its web site is www.bedfordproperty.com.

CONTACT: Bedford Property Investors

Peter B. Bedford or Scott R. Whitney, 925/283-8910
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 15, 1998
Words:126
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