Printer Friendly

CRI LIQUIDATING REIT, INC., DECLARES FIRST QUARTER DIVIDEND OF 60 CENTS PER SHARE; ANNOUCES MAY 12 ANNUAL MEETING

 CRI LIQUIDATING REIT, INC., DECLARES FIRST QUARTER DIVIDEND
 OF 60 CENTS PER SHARE; ANNOUCES MAY 12 ANNUAL MEETING
 ROCKVILLE, Md., March 10 /PRNewswire/ -- CRI Liquidating REIT, Inc. (NYSE: CFR), announced today that the board of directors declared the first quarter 1992 dividend in the amount of 60 cents per share. Subject to year-end audit, the first quarter dividend includes the following:
 -- 52 cents Income (including 31 cents long term capital gain
 from the Doral Plaza mortgage disposition, which
 occurred Feb. 28, 1992)
 -- 8 cents Non-taxable return of capital (including 6 cents
 return of capital from the 1991 disposition of the
 Oak Hill mortgage. The return of capital
 resulting from the Doral Plaza mortgage
 disposition will be distributed to shareholders by
 the end of 1992.)
 The 60 cents per share dividend will be paid on March 31, 1992, to shareholders of record on March 20, 1992. CRI Liquidating REIT, Inc., stock will begin trading ex-dividend on March 16, 1992.
 CRI Liquidating REIT also said its annual meeting of shareholders will be held Tuesday, May 12, 10 a.m., at the Holiday Inn Crowne Plaza in Rockville, Md. The record date for investors entitled to vote at the meeting is March 23, 1992.
 -0- 3/10/92
 /CONTACT: James T. Pastore, 301-231-0323, or Susan J. Bressler, 301-468-3120, both for CRI Liquidating REIT, Inc./
 (CFR) CO: CRI Liquidating REIT, Inc. ST: Maryland IN: FIN SU: DIV


MP-SB -- DC003 -- 6771 03/10/92 10:06 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 10, 1992
Words:242
Previous Article:CARNIVAL NAMED TOP CRUISE LINE FOR FAMILIES
Next Article:CRIIMI MAE DECLARES 27 PER CENTS PER SHARE FOR FIRST QUARTER 1992 DIVIDEND; ANNOUNCES MAY 12 ANNUAL MEETING
Topics:


Related Articles
CRI LIQUIDATING REIT, INC., DECLARES THIRD QUARTER DIVIDEND OF 31 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES FIRST QUARTER 1993 DIVIDEND; ANNOUNCES MAY 11, 1993, ANNUAL MEETING
CRI LIQUIDATING REIT DECLARES THIRD QUARTER 1993 DIVIDEND OF 21 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES FOURTH QUARTER 1993 DIVIDEND OF 98 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES FIRST QUARTER 1994 DIVIDEND OF $1.75 PER SHARE, INCLUDING NET PROCEEDS FROM SALE OF 12 MORTGAGES
CRI LIQUIDATING REIT DECLARES SECOND QUARTER DIVIDEND OF 26 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES THIRD QUARTER 1994 DIVIDEND OF 14 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES FOURTH QUARTER DIVIDEND OF 58 CENTS PER SHARE
CRI LIQUIDATING REIT DECLARES THIRD QUARTER 1995 DIVIDEND OF 10 CENTS PER SHARE
CRI LIQUIDATING REIT FIRST QUARTER 1996 DIVIDEND OF $1.94 PER SHARE, INCLUDES 48 CENTS CAPITAL GAINS; ANNOUNCES MARCH 18 RECORD DATE FOR MAY 7 ANNUAL...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters