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AIR EXPRESS INTERNATIONAL CORPORATION ANNOUNCES QUARTERLY CASH DIVIDEND.


Darien Darien, town, United States
Darien (dâr`ēĕn'), residential town (1990 pop. 18,130), Fairfield co., SW Conn., on Long Island Sound; settled c.1641, inc. 1820.
, Connecticut--(BUSINESS WIRE)--June 23, 1995--Air Express International announced this morning at its 1995 Annual Meeting of Shareholders that its Board of Directors has declared a quarterly cash dividend of five cents ($.05) per share. The dividend is payable on July July: see month.  28, 1995 to shareholders of record on July 7, 1995. The quarterly dividend is a twenty-five percent (25%) increase over the existing dividend paid by the Company. This is the fourth dividend increase since the Company reinstated the payment of dividends in 1991.

Based in Darien, Connecticut Darien is a town in Fairfield County, Connecticut, United States. It is one of the most affluent communities in the United States.

Two Metro North railroad stations serve Darien: Noroton Heights and Darien'''.
, AEI AEI American Enterprise Institute
AEI Archive of European Integration
AEI Australian Education International
AEI Automotive Engineering International
AEI Australian Education Index
AEI Albert Einstein Institute
, with 1994 revenues of approximately $1 billion, offers a broad range of integrated logistics services to its multi-national customers, including global air and ocean freight services, customs brokerage and warehousing and distribution. With 188 offices worldwide, it is the largest U.S.-based international freight forwarder An international freight forwarder is an individual or company that books or otherwise arranges space for shipments between countries via common carriers. Freight forwarders do not ship cargo themselves but instead arrange for its carriage by others. .

CONTACT: Air Express International

Dennis M. Dolan

Vice President and Chief Financial Officer

203-655-5713
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 23, 1995
Words:150
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