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MANUFACTURED HOME COMMUNITIES, INC. ANNOUNCES ITS FIRST DIVIDEND

 CHICAGO, March 10 /PRNewswire/ -- Manufactured Home Communities, Inc. (NYSE: MHC) announced today that its board of directors has set Friday, March 26, 1993, as the record date for its first quarterly dividend. The dividend of 16 cents per share will be paid on Friday, April 30, 1993, to all holders of record on March 26, 1993.
 The company completed an initial public offering on Feb. 25, 1993. Accordingly, the board of directors has declared a partial dividend for the first quarter. The company intends to pay a quarterly dividend of 50 cents per share.
 Manufactured Home Communities, Inc. is a self-administered and self-managed equity real estate investment trust which owns and operates 41 properties consisting of 12,312 sites.
 -0- 3/10/93
 CONTACT: Susan Obuchowski, 312-466-4010, or Kirk Brewer, 312-258-4359, for Manufactured Home Communities/
 (MHC)


CO: Manufactured Home Communities ST: Illinois IN: SU: DIV

TM -- NE007 -- 4668 03/10/93 11:55 EST
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Publication:PR Newswire
Date:Mar 10, 1993
Words:154
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