Cali Realty Corporation Declares Fourth Quarter Cash Dividend

12/20/1995 Category: Dividends

CRANFORD, NJ--December 20, 1995--Cali Realty Corporation, a real estate investment trust (NYSE:CLI), today announced its fourth quarter cash dividend of $0.425 per share (an indicated annual rate of $1.70 per share) for the period October 1, 1995 through December 31, 1995. The dividend will be paid on January 19, 1996 to shareholders of record as of January 4, 1996.

Cali Realty Corporation owns 40 office and office/flex buildings totaling approximately 3.9 million square feet of commercial space and a 327 unit residential complex. All of the properties are located in New Jersey except for one, which is located in Rockland County, New York.