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ARKANSAS BEST CORPORATION ANNOUNCES SECOND QUARTER 1993 CASH DIVIDENDS ON COMMON AND PREFERRED STOCK

 FORT SMITH, Ark., May 3 /PRNewswire/ -- The board of directors of Arkansas Best Corporation (NASDAQ-NMS: ABFS) has declared to be paid for the second quarter of 1993, to holders of record of its common stock .01 par value on May 19, a cash dividend of $.01 per share payable June 2.
 Also, the board of directors declared a dividend of $.81458 per share of $2.875 Series A Cumulative Convertible Exchangeable Preferred Stock ($.71875 for the quarterly dividend payable in arrears on May 15, plus $.09583 for the dividend cumulative from the date of original issuance of the preferred stock on Feb. 3 through Feb. 15). The dividend will be paid on May 15 to holders of record of the preferred stock on May 4.
 -0- 5/3/93
 /CONTACT: Randall Loyd of Arkansas Best, 501-785-6200/
 (ABFS)


CO: Arkansas Best Corporation ST: Arkansas IN: TRN SU: DIV

BR-RA -- AT028 -- 4022 05/03/93 17:32 EDT
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Publication:PR Newswire
Date:May 3, 1993
Words:156
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