Printer Friendly

CRI LIQUIDATING REIT DECLARES FIRST QUARTER 1993 DIVIDEND; ANNOUNCES MAY 11, 1993, ANNUAL MEETING

 ROCKVILLE, Md., March 9 /PRNewswire/ -- CRI Liquidating REIT, Inc. (NYSE: CFR), announced today that the board of directors declared the first quarter 1993 dividend in the amount of 62 cents per share. Subject to year-end audit, approximately 21 cents per share is ordinary income, 9 cents per share is long-term capital gain, and 32 cents per share is a non-taxable return of capital.
 This 62 cents per share will be paid on March 31, 1993, to shareholders of record on March 19, 1993. CRI Liquidating REIT, Inc., stock will begin trading ex-dividend on March 15, 1993.
 CRI Liquidating REIT, Inc., also announced that the annual meeting of shareholders will be held on May 11, 1993, 10 a.m., at the Holiday Inn Crowne Plaza in Rockville. All shareholders of record as of March 23, 1993, will be entitled to vote at the annual meeting.
 -0- 3/9/93
 /CONTACT: James T. Pastore, 301-231-0323, or Susan B. Railey, 301-468-9200, both for CRI Liquidating REIT/
 (CFR)


CO: CRI Liquidating REIT, Inc. ST: Maryland IN: FIN SU: DIV

DC -- DC012 -- 4568 03/09/93 13:51 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 9, 1993
Words:184
Previous Article:FAY'S REPORTS RECORD EARNINGS FOR YEAR AND FOURTH QUARTER
Next Article:FIRST OF MICHIGAN NAMES IAN BUND SENIOR VICE PRESIDENT
Topics:


Related Articles
CRI LIQUIDATING REIT, INC., DECLARES FIRST QUARTER DIVIDEND OF 60 CENTS PER SHARE; ANNOUCES MAY 12 ANNUAL MEETING
CRI LIQUIDATING REIT, INC., DECLARES THIRD QUARTER DIVIDEND OF 31 CENTS PER SHARE
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
REIT ARRANGES TO SELL 20 PERCENT OF ITS MORTGAGE PORTFOLIO RIGHT BEFORE INTEREST RATE SPIKE
CRIIMI MAE RAISES QUARTERLY DIVIDEND TO 29 CENTS PER SHARE; SETS MAY 3, 1994, DATE FOR SHAREHOLDER MEETING
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 FOURTH QUARTER DIVIDEND OF 58 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