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IVEY PROPERTIES, INC. ANNOUNCES UNAUDITED NET INCOME INCREASE FOR '91

IVEY PROPERTIES, INC. ANNOUNCES UNAUDITED NET INCOME INCREASE FOR '91
 CHARLOTTE, N.C., March 3 /PRNewswire/ -- Ivey Properties, Inc., a Real Estate Investment Trust, located in Charlotte, North Carolina, announced today unaudited net income for 1991 increased 4 percent to $1,827,592 compared to $1,758,856 the previous year.
 The Company also announced an increase in the regular quarterly dividend on its common shares from $.19 per share to $.21 per share, payable April 1, 1992, to shareholders of record March 16, 1992.
 -0- 3/3/92
 /CONTACT: Ervin Jackson, Jr., Vice President, Secretary & Treasurer, Ivey Properties, Inc., 704-334-1123/ CO: Ivey Properties, Inc. ST: North Carolina IN: SU:


JZ -- CH008 -- 4702 03/03/92 17:32 EST
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Publication:PR Newswire
Date:Mar 3, 1992
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