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FEDERAL REALTY INVESTMENT TRUST ANNOUNCES 117TH CONSECUTIVE DIVIDEND

FEDERAL REALTY INVESTMENT TRUST ANNOUNCES 117TH CONSECUTIVE DIVIDEND
 BETHESDA, Md., Nov. 15 /PRNewswire/ -- The trustees of Federal Realty Investment Trust (NYSE: FRT) declared today a regular quarterly cash dividend of 38 cents per share (indicated annual rate of $1.52). The dividend will be payable Feb. 1, 1992, to shareholders of record Dec. 3, 1991. This will mark the 117th consecutive quarterly dividend paid by the trust.
 Federal Realty currently owns 42 neighborhood and community shopping centers and one enclosed mall primarily in the mid-Atlantic region between the New York metropolitan area and Richmond, Va. The trust specializes in the acquisition of older, well-located centers which can be enhanced through renovation, expansion, reconfiguration, re-leasing and re-merchandising programs.
 -0- 11/15/91
 /CONTACT: Mary Jane Morrow, vice president-finance, Federal Realty Investment Trust, 301-652-3360/
 (FRT) CO: Federal Realty Investment Trust ST: Maryland IN: SU: DIV TW -- DC009 -- 1493 11/15/91 11:26 EST
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Publication:PR Newswire
Date:Nov 15, 1991
Words:152
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