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Cali Realty Corporation declares 1996 second quarter cash dividend.


CRANFORD, N.J.--(BUSINESS WIRE)--June 19, 1996--Cali Realty Corporation(NYSE NYSE

See: New York Stock Exchange
:CLI (1) (Call Level Interface) A database programming interface from the SQL Access Group (SAG), an SQL membership organization. SAG's CLI is an attempt to standardize the SQL language for database access. ), today announced its 1996 second quarter cash dividend of $0.425 per share (an indicated annual rate of $1.70 per share).

The dividend will be paid on July 19, 1996 to shareholders of record as of July 3, 1996.

Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) providing leasing, management, acquisition, development, construction and tenant related services for its properties. Cali Realty owns 43 properties, primarily office and office/flex buildings, totaling approximately 4.5 million square feet located in New Jersey, 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 Pennsylvania.

CONTACT: Cali Realty Corp., Cranford

Barry Lefkowitz, Chief Financial Officer

908/272-8000
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 19, 1996
Words:117
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