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THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND

 THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND
 CHICAGO, Dec. 4 /PRNewswire/ -- The board of trustees of the Chicago


Dock and Canal Trust (NASDAQ: DOCKS) announced today that it has declared a quarterly dividend of $.08 per share payable on March 1, 1992, to shareholders of record as of Feb. 14, 1992.
 This dividend compares to $.07 per share for the same period last year.
 The Chicago Dock and Canal Trust is a real estate investment trust engaged primarily in the business of acquiring and holding real estate and interests in real estate for investment. The trust, formed in 1962, is successor to The Chicago Dock and Canal Co., founded in 1857 by Chicago's first mayor, William Ogden. The trust's assets include ownership of its major interest in the Equitable Building and a substantial portion of the land at Cityfront Center, a major mixed-use development, both in Chicago. The trust also owns Lincoln Garden (a 73,000-square-foot office complex in Tampa, Fla.), Waterplace Park (a 107,000-square-foot office complex in Indianapolis) and One Michigan Avenue (a 144,000-square-foot office building in Lansing, Mich.).
 -0- 12/4/91
 /CONTACT: Mike Aabram of Daniel J. Edelman, 312-280-7000, for The Chicago Dock and Canal Trust; or David Tinkham of Chicago Dock, 312-467-1870/
 (DOCKS) CO: Chicago Dock and Canal Trust ST: Illinois IN: SU: DIV SB -- NY079 -- 9338 12/04/91 15:57 EST
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Publication:PR Newswire
Date:Dec 4, 1991
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