Excel announces third quarter 1996 dividend.

SAN DIEGO--(BUSINESS WIRE)--Sept. 19, 1996--Excel Realty Trust (NYSE NYSE

See: New York Stock Exchange :XEL XEL New Carlisle, Quebec, Canada - New Carlisle / via Rail Service (Airport Code) ) Thursday announced that the board of directors had declared a third quarter dividend of 46 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. on its common stock for shareholders of record on Oct. 1, 1996.

The dividend will be payable on Oct. 15, 1996.

Excel Realty Trust Inc. is an operating real estate company which owns and manages community and neighborhood shopping centers and single tenant properties leased primarily to national retail tenants. The company currently operates over 8.9 million square feet of gross leasable area Gross leasable area (GLA) in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented. with an occupancy of 98%.

CONTACT: Excel Realty Trust Inc., San Diego

Graham R. Bullick, 619/485-9400 ext. 203

COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Business Wire
Date:	Sep 19, 1996
Words:	112
Previous Article:	Bay Apartment Communities declares dividends on Common, Preferred shares.
Next Article:	CUC International Inc. appoints Michael A. Brochu as senior vice president.
Topics:	Real estate management Real estate management firms Securities

Related Articles
Excel Realty Trust Announces Dividend Increase For Second Quarter 1995.
Excel reports record first quarter earnings and revenue.
Excel announces first quarter earnings.
Excel raises dividend.
EXCEL Communications reports record second quarter results net income increases 386 percent long distance traffic increases 303 percent.
EXCEL Communications reports record third quarter results net income increases 241%; long distance traffic increases 183%.
Excel announces fourth quarter 1996 dividend.
EXCEL COMMUNICATIONS REPORTS RECORD REVENUE AND EARNINGS FOR 1996; TOTAL REVENUES REACH $1.4 BILLION.
Excel Technology reports record revenue and earnings for 1996.
Excel Communications Reports Third Quarter 1997 Results; Revenue Totals $325 Million; Minutes of Use Total 1.7 Billion; Operating Income Totals $51.2...