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Beverly Enterprises Inc. declares quarterly dividend.


FORT SMITH, Ark.--(BUSINESS WIRE)--May 22, 1995--Beverly Enterprises Inc. (NYSE NYSE

See: New York Stock Exchange
:BEV) announced that on May 18, its board of directors declared the quarterly dividend of $.6875 per share on its $2.75 cumulative convertible exchangeable preferred stock Convertible exchangeable preferred stock

Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock.
, payable Aug. 1 to holders of record as of July 14.

Beverly Enterprises is a long-term-care company operating nursing facilities, institutional pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia
Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major
, acute transitional hospitals, hospice hospice, program of humane and supportive care for the terminally ill and their families; the term also applies to a professional facility that provides care to dying patients who can no longer be cared for at home.  programs, retirement-living centers and home health centers. Its mission is to deliver high-quality health care that exceeds the expectations of each of its customers and to be the provider and employer of choice in each of the communities served.

CONTACT: Beverly Enterprises Inc., Fort Smith

Robert D. Woltil or Robert W. Pommerville

501/452-6712
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:May 22, 1995
Words:118
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