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CRI LIQUIDATING REIT DECLARES SECOND QUARTER 1993 DIVIDEND OF 97 CENTS PER SHARE

 ROCKVILLE, Md., June 8 /PRNewswire/ -- CRI Liquidating REIT, Inc. (NYSE: CFR), announced today that the board of directors declared the second quarter 1993 dividend in the amount of 97 cents per share. Subject to year-end audit, approximately 21 cents per share is ordinary income, approximately 16 cents per share is long-term capital gain and approximately 60 cents per share is a non-taxable return of capital.
 This 97 cents per share will be paid on June 30, 1993, to holders of record on June 18, 1993. CRI Liquidating stock will begin trading ex-dividend on June 14, 1993.
 -0- 6/8/93
 /CONTACT: James T. Pastore, 301-231-0323, or Susan B. Railey, 301-468-3120, both for CRI Liquidating REIT, Inc./
 (CFR)


CO: CRI Liquidating REIT, Inc. ST: Maryland IN: FIN SU: DIV

KD-TW -- DC016 -- 6493 06/08/93 11:08 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
Words:137
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