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ARMCO DIVIDEND ANNOUNCEMENT

 ARMCO DIVIDEND ANNOUNCEMENT
 PARSIPPANY, N.J., Oct. 23 /PRNewswire/ -- Armco's (NYSE: AS)


board of directors today declared a regular dividend of $.525 per share of $2.10 cumulative convertible preferred stock, Class A, payable Dec. 31, 1992, to shareholders of record November 27, 1992, and a regular dividend of $.90625 per share of $3.625 cumulative convertible preferred stock, Class A, payable Dec. 31, 1992, to shareholders of record Nov. 27, 1992. The board also declared a regular dividend of $1.125 per share of $4.50 cumulative convertible preferred stock, Class B, payable Jan. 4, 1993, to shareholders of record Nov. 27, 1992.
 No dividend was declared on Armco common stock.
 -0- 10/23/93
 /CONTACT: Jim Herzog of Armco, 201-316-5276/
 (AS) CO: Armco Inc. ST: New Jersey IN: MNG SU: DIV


TS -- NY013 -- 4037 10/23/92 09:48 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 23, 1992
Words:142
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