ASARCO declares 20 cent dividend.NEW YORK--(BUSINESS WIRE)--Oct. 30, 1996--The Board of Directors of ASARCO ASARCO American Smelting and Refining Company Incorporated (NYSE NYSE See: New York Stock Exchange :AR) today declared a quarterly dividend on Asarco's common stock of 20 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 December 2, 1996, to Asarco stockholders of record at the close of business on November 13, 1996. ASARCO Incorporated is one of the world's leading integrated producers of nonferrous metals, principally copper, lead, zinc, silver and molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. . Asarco also produces specialty chemicals and aggregates. Asarco had 1995 sales of $3.2 billion. CONTACT: Jerry Cooper, Corporate Communications ASARCO Incorporated, 212-510-1810 |
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