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A&B Fourth-Quarter Dividend Authorized.


HONOLULU--(BUSINESS WIRE)--Oct. 24, 1996--The Board of Directors of Alexander & Baldwin Baldwin, cities, United States
Baldwin.

1 Uninc. city (1990 pop. 22,719), Nassau co., SE N.Y., on the south shore of Long Island, on Baldwin Bay; settled 1640s. A fishing center and summer resort, it has varied manufactures.
 Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ALEX) today announced a fourth-quarter dividend of 22 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, payable on Dec. 5, 1996 to shareholders of record as of the close of business on Nov. 7, 1996.

Alexander & Baldwin Inc., headquartered in Honolulu, has two major subsidiaries: Matson Navigation Company Matson Navigation Company, a subsidiary of Alexander & Baldwin, is a private ocean transportation company with roots extending into the late 19th century. It is credited with introducing mass tourism to Hawaii with the opening of the Moana Hotel (now known as the Moana Surfrider Hotel) , Inc. (ocean transportation) and A&B-Hawaii, Inc. (property development and management, and food products).

CONTACT: Alexander & Baldwin Inc.

John B. Kelley, 808/525-8422
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 24, 1996
Words:80
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