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THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND

 THE CHICAGO DOCK AND CANAL TRUST ANNOUNCES DIVIDEND
 CHICAGO, July 23 /PRNewswire/ -- The board of trustees of The


Chicago Dock and Canal Trust (NASDAQ: DOCKS) declared a quarterly dividend of 8 cents per share payable on Sept. 1, 1992 to shareholders of record as of Aug. 14, 1992.
 This dividend compares to 7 cents per share for the same period last year.
 The Chicago Dock and Canal Trust is a real estate investment trust engaged primarily in the business of acquiring and holding real estate and interests in real estate for investment. The Trust, formed in 1962, is successor to The Chicago Dock and Canal Co., founded in 1857 by Chicago's first mayor, William Ogden. The Trust owns or controls assets which include a 424-unit apartment complex, a one-third interest in a 480-unit apartment building and approximately 20 acres of land all in Cityfront Center, a mixed-use project currently under development in Chicago. The Trust also owns Lincoln Garden (a 73,000-sq.-ft. office complex in Tampa, Fla.), Waterplace Park (a 107,000-sq.-ft. office complex in Indianapolis), and One Michigan Avenue (a 144,000-sq.-ft. office building in Lansing, Mich.).
 /CONTACT: David R. Tinkham of The Chicago Dock & Canal Trust, 312-467-1870, or Mike Aabram or Marti Dee of Edelman Public Relations, 312-280-7000 for The Chicago Dock & Canal Trust/
 (DOCKS) CO: Chicago Dock and Canal Trust ST: Illinois IN: FIN SU: DIV


LD -- NY119 -- 2835 07/23/92 18:19 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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