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CRI LIQUIDATING REIT DECLARES THIRD QUARTER 1993 DIVIDEND OF 21 CENTS PER SHARE

 ROCKVILLE, Md., Sept. 7 /PRNewswire/ -- CRI Liquidating REIT, Inc. (NYSE: CFR), announced today that the board of directors declared the third quarter 1993 dividend in the amount of 21 cents per share. Subject to year-end audit, approximately 20 cents per share is ordinary income, with approximately 1 cent per share resulting primarily from return of mortgage principal from scheduled payments.
 This 21 cents per share will be paid on Sept. 30, 1993, to holders of record on Sept. 17, 1993. CRI Liquidating stock will begin trading ex-dividend on Sept. 13, 1993.
 -0- 9/7/93
 /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

DC-DS -- DC025 -- 9345 09/07/93 12:52 EDT
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Publication:PR Newswire
Date:Sep 7, 1993
Words:132
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