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ARMCO MAKES DIVIDEND ANNOUNCEMENT

 PARSIPPANY, N.J., April 23 /PRNewswire/ -- Armco Inc.'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 June 30, 1993, to shareholders of record May 28, 1993, and a regular dividend of $.90625 per share of $3.625 cumulative convertible preferred stock, Class A, payable June 30, 1993, to shareholders of record May 28, 1993.
 The board also declared a regular dividend of $1.125 per share of $4.50 cumulative convertible preferred stock, Class B, payable July 1, 1993, to shareholders of record May 28, 1993. No dividend was declared on Armco common stock.
 -0- 4/23/93
 /CONTACT: Jim Herzog of Armco, 201-316-5276/
 (AS)


CO: Armco Inc. ST: New Jersey IN: MNG SU: DIV

SH -- NY014 -- 9891 04/23/93 08:43 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:141
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