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FEDERAL REALTY INVESTMENT TRUST ANNOUNCES 118TH CONSECUTIVE DIVIDEND

FEDERAL REALTY INVESTMENT TRUST ANNOUNCES 118TH CONSECUTIVE DIVIDEND
 BETHESDA, Md., March 19 /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 April 15, 1992, to shareholders of record March 27, 1992. This will mark the 118th consecutive quarterly dividend paid by the trust.
 Federal Realty currently owns 41 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- 3/19/92
 /CONTACT: Mary Jane Morrow, vice president-finance, Federal Realty Investment Trust, 301-652-3360/
 (FRT) CO: Federal Realty Investment Trust ST: Maryland IN: FIN SU: DIV


MH-DC -- DC006 -- 9559 03/19/92 09:58 EST
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Publication:PR Newswire
Date:Mar 19, 1992
Words:153
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