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ASSET INVESTORS CORPORATION DECLARES FIRST QUARTER DIVIDEND OF TEN CENTS PER SHARE

 DENVER, April 23 /PRNewswire/ -- Asset Investors Corporation (NYSE: AIC) announced today its board of directors declared a dividend of ten cents per share for the quarter ended March 31, 1993, payable on May 14, 1993 to stockholders of record on May 3, 1993. The company paid a dividend of 50 cents per share for the first quarter of 1992.
 Asset Investors Corporation is a real estate investment trust which generates income from a portfolio of ownership interests in the issuance of collateralized mortgage obligations (CMOs) and other mortgage-related assets.
 For additional information on Asset Investors Corporation by fax at no cost, call 1-800-PRO-INFO, Code #016.
 -0- 04/23/93
 /CONTACT: Spencer Browne, president of Asset Investors, 303-793-2703; at Gary Strong, 312-266-7800, or Regina Ryan, 212-661-8030, both of the Financial Relations Board, Asset Investors Corporation/
 (AIC)


CO: ST: Colorado IN: SU: DIV

AH -- NY078 -- 0156 04/23/93 14:31 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:150
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