ARLINGTON, Va., July 22 /PRNewswire/ -- Charles E. Smith Residential
Realty, Inc. (NYSE: SRW) announced today that its Board of Directors declared
a dividend of $.505 per share for the quarter ended June 30, 1997. The
dividend will be payable on August 13, 1997 to all shareholders of record as
of August 1, 1997.
Charles E. Smith Residential Realty, Inc. is a self-managed Real Estate
Investment Trust that owns, acquires, develops, and manages multifamily
residential properties; and provides related real estate services to other
property owners in the greater Washington, DC region. Investor information
including press releases about Charles E. Smith Residential Realty is
available on the company's Web site at: http://www.smithreit.com ... and also
through PR Newswire Company's "News On Call" by fax, 800-758-5804, ext.
101271, or at: http://www.prnewswire.com.
SOURCE Charles E. Smith Residential Realty, Inc.
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CONTACT:
Denny Minami, 703-769-1020, or Bruce Snyder,
703-769-1029, both of Charles E. Smith Residential Realty
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