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HEALTH EQUITY PROPERTIES INCREASES DIVIDEND FOR FOURTH QUARTER

 WINSTON-SALEM, N.C., Dec. 18 /PRNewswire/ -- Health Equity Properties (NYSE: EQP) announced that the Company's Board of Directors has declared a fourth quarter dividend of $0.245 per share, payable on Jan. 29, 1993 to shareholders of record as of Dec. 31, 1992. The one-half cent dividend increase marks the 9th consecutive quarterly increase for the Company, and the 25th consecutive quarterly distribution since its inception in 1986.
 Health Equity Properties is an equity real estate investment trust based in Winston-Salem, N.C.
 -0- 12/18/92
 /CONTACT: William G. Benton or Jody Ragan of Health Equity Properties, 919-723-7580/
 (EQP)


CO: Health Equity Properties ST: North Carolina IN: SU: DIV

CM -- CH008 -- 8317 12/18/92 15:01 EST
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Publication:PR Newswire
Date:Dec 18, 1992
Words:119
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