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CRIIMI MAE DECLARES 28 CENTS PER SHARE FOR THIRD QUARTER DIVIDEND

 ROCKVILLE, Md., Sept. 7 /PRNewswire/ -- CRIIMI MAE Inc. (NYSE: CMM), the largest multifamily mortgage REIT, announced today that the board of directors declared a third quarter 1993 dividend in the amount of 28 cents per share. This 28 cents per share will be paid on Sept. 30, 1993, to holders of record on Sept. 17, 1993. CRIIMI MAE stock will begin trading ex-dividend on Sept. 13, 1993.
 CRIIMI MAE's adviser is an affiliate of CRI, Inc., the real estate investment firm based in the Washington area.
 -0- 9/7/93
 /CONTACT: James T. Pastore, 301-231-0323, or Susan B. Railey, 301-468-3120, both for CRIIMI MAE/
 (CMM)


CO: CRIIMI MAE Inc. ST: Maryland IN: FIN SU: DIV

KD-DC -- DC023 -- 9344 09/07/93 12:51 EDT
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Publication:PR Newswire
Date:Sep 7, 1993
Words:124
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