Cali Realty Corporation Declares 1996 Second Quarter Cash Dividend

06/19/1996 Category: Dividends

CRANFORD, NJ--June 19, 1996--Cali Realty Corporation (NYSE:CLI), today announced its 1996 second quarter cash dividend of $0.425 per share (an indicated annual rate of $1.70 per share). The dividend will be paid on July 19, 1996 to shareholders of record as of July 3, 1996.

Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing leasing, management, acquisition, development, construction and tenant related services for its properties. Cali Realty owns 43 properties, primarily office and office/flex buildings, totaling approximately 4.5 million square feet located in New Jersey, New York and Pennsylvania.