ARLINGTON, Va., April 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 March 31, 1997. The
dividend will be payable on May 13, 1997 to all shareholders of record as of
May 2, 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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