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FEDERAL REALTY INVESTMENT TRUST ANNOUNCES 121ST CONSECUTIVE DIVIDEND

 BETHESDA, Md., Nov. 20 ~PRNewswire~ -- The trustees of Federal Realty Investment Trust (NYSE: FRT) have declared a regular quarterly cash dividend of $.385 per share (indicated annual rate of $1.54). The dividend will be payable Jan. 15, 1993, to shareholders of record Jan. 4, 1993. This will mark the 121st consecutive quarterly dividend paid by the Trust.
 Federal Realty currently owns 42 neighborhood and community shopping centers in the Mid-Atlantic region between the New York metropolitan area and Richmond, Va. The Trust specializes in the acquisition of older, well-located centers which can be enhanced through renovation, expansion, reconfiguration, releasing and remerchandising programs.
 -0- 11~20~92
 ~CONTACT: Mary Jane Morrow, vice president-finance, Federal Realty Investment Trust, 301-652-3360~
 (FRT)


CO: Federal Realty Investment Trust ST: Maryland IN: FIN SU: DIV

TW -- DC001 -- 3270 11~20~92 09:57 EST
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Publication:PR Newswire
Date:Nov 20, 1992
Words:139
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