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MGI PROPERTIES ANNOUNCES QUARTERLY DIVIDEND

 BOSTON, Dec. 16 /PRNewswire/ -- MGI Properties, an equity real estate investment trust ("MGI") (NYSE: MGI), announced today a quarterly dividend of 20 cents per share for the fourth quarter ended Nov. 30, 1992, payable Jan. 12, 1993 to shareholders of record on Jan. 4, 1993.
 W. Pearce Coues, chairman of the board of trustees, stated that, as in past years, results of the trust's fiscal 1992 operations will be released upon completion of the trust's fiscal audit which is expected to be early in January 1993.
 -0- 12/16/92
 /CONTACT: Phillip C. Vitali, executive vice president and treasurer of MGI Properties, 617-330-5335/
 (MGI)


CO: MGI Properties ST: Massachusetts IN: SU: DIV

TM -- NE013 -- 7723 12/16/92 12:45 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 16, 1992
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