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Clayton Homes declares quarterly dividend.


KNOXVILLE, Tenn.--(BUSINESS WIRE)--May 15, 1997--The Board of Directors of Clayton Homes Inc. (NYSE NYSE

See: New York Stock Exchange
:CMH CMH Center of Military History
CMH Commission on Macroeconomics and Health
CMH Chief of Military History
CMH Children's Memorial Hospital
CMH Ceramic Metal Halide (General Electric light source)
CMH Congressional Medal of Honor
) declared a cash dividend of $.02 per share following its meeting on May 14, 1997. The dividend is payable July 16, 1997, to shareholders of record on June 25, 1997.

Clayton Homes is the leading vertically integrated company in the manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use.

In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected
 industry. It also operates 67 manufactured-home communities and provides a variety of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to home buyers. Clayton Homes, which operates in 28 states, is headquartered in Knoxville, and employs more than 5,600 people nationwide.

CONTACT: Clayton Homes Inc., Knoxville

Joe Stegmayer, 423/970-7200
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 15, 1997
Words:103
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