Captec Net Lease Realty Declares Regular First-Quarter Dividend

Apr 03, 2001, 01:00 ET from Captec Net Lease Realty, Inc.

    ANN ARBOR, Mich., April 3 /PRNewswire/ -- Captec Net Lease Realty, Inc.
 (Nasdaq: CRRR) today announced that its board of directors has declared a
 dividend for the first quarter ended March 31, 2001, of $0.38 per share of
 common stock, payable April 18, 2001, to shareholders of record at the close
 of business on April 11, 2001.  The shares will begin trading ex-dividend on
 April 9, 2001, meaning those eligible for the dividend will have to have
 bought Captec shares on or before April 8, 2001.
     Captec Net Lease Realty, Inc. is a real estate investment trust (REIT)
 that invests in long-term net leased restaurant and retail properties.  At
 December 31, 2000, Captec owned and/or managed a diversified portfolio of 247
 freestanding restaurant, retail and entertainment properties throughout the
 United States.
     For more information about Captec toll-free via fax, dial 1-800-PRO-INFO
 (1-800-776-4636), follow the voice menu prompts and enter the
 company code "CRRR" (2777) on any touch tone phone.
 
     Visit the Captec web site at:  www.captec.com
 
 

SOURCE Captec Net Lease Realty, Inc.
    ANN ARBOR, Mich., April 3 /PRNewswire/ -- Captec Net Lease Realty, Inc.
 (Nasdaq: CRRR) today announced that its board of directors has declared a
 dividend for the first quarter ended March 31, 2001, of $0.38 per share of
 common stock, payable April 18, 2001, to shareholders of record at the close
 of business on April 11, 2001.  The shares will begin trading ex-dividend on
 April 9, 2001, meaning those eligible for the dividend will have to have
 bought Captec shares on or before April 8, 2001.
     Captec Net Lease Realty, Inc. is a real estate investment trust (REIT)
 that invests in long-term net leased restaurant and retail properties.  At
 December 31, 2000, Captec owned and/or managed a diversified portfolio of 247
 freestanding restaurant, retail and entertainment properties throughout the
 United States.
     For more information about Captec toll-free via fax, dial 1-800-PRO-INFO
 (1-800-776-4636), follow the voice menu prompts and enter the
 company code "CRRR" (2777) on any touch tone phone.
 
     Visit the Captec web site at:  www.captec.com
 
 SOURCE  Captec Net Lease Realty, Inc.