ATLANTA -- ATLANTA, June 13 /PRNewswire/ -- Wells Real Estate Investment Trust, Inc. (Wells REIT) announced today that its Board of Directors has approved an annualized quarterly cash dividend of 7.00 for the third quarter of 2003. This annualized dividend rate is payable in September 2003 and is calculated on a daily basis to shareholders of record each day from June 16, 2003, through September 15, 2003. Wells also offers a Dividend Reinvestment Program to all Wells REIT shareholders.

While low interest rates have negatively affected many investment yields, the Wells REIT continues to provide healthy income to its investors. By adhering to its conservative, "quality ...