DALLAS, June 2, 1999 (PRIMEZONE) -- The Board of Directors of Income Opportunity Realty Investors, Inc.(AMEX: IOT) Wednesday announced the payment of a second quarter dividend of 15 cents per share. The dividend will be payable June 30, 1999, to stockholders of record as of June 14, 1999.
This payment represents 26 consecutive quarterly dividends paid to IOT shareholders.
Income Opportunity Realty Investors, Inc. is a Dallas-based real estate investment trust. IOT primarily invests in equity interest in real estate through direct ownership and partnerships.