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THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND

 THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND
 CHICAGO, Sept. 23 /PRNewswire/ -- The board of trustees of The


Chicago Dock and Canal Trust (NASDAQ: DOCKS) declared a quarterly dividend of $.08 per share payable on Dec. 1, 1992, to shareholders of record as of Nov. 13, 1992.
 This dividend compares to $.08 per share for the same period last year.
 The Chicago Dock and Canal Trust is a real estate investment trust that owns real estate and interests in real estate for investment. The trust has demonstrated expertise in successfully developing economical real estate investment in Cityfront Center, an established mixed-use development located on prime, downtown Chicago lakefront land. The trust owns Cityfront Place (a 904-unit residential complex at Cityfront Center); Lincoln Garden (a 73,000-square-foot office complex in Tampa, Fla.); Waterplace Park (a 107,000-square-foot office complex in Indianapolis, Ind.); and One Michigan Avenue (a 144,000-square-foot office building in Lansing, Mich.).
 Formed in 1962, the trust is successor to The Chicago Dock and Canal Company which was founded in 1857 by Chicago's first mayor, William Ogden. The Chicago Dock and Canal Trust is a publicly-traded company on NASDAQ under the trading symbol DOCKS.
 -0- 9/23/92
 /CONTACT: David R. Tinkham of The Chicago Dock and Canal Trust, 312-467-1870/
 (DOCKS) CO: Chicago Dock and Canal Trust ST: Illinois IN: SU: DIV


TM -- NY080 -- 2817 09/23/92 16:51 EDT
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Publication:PR Newswire
Date:Sep 23, 1992
Words:232
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