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Current Income Shares Inc. declares dividend.


LOS ANGELES--(BUSINESS WIRE)--Nov. 9, 1995--The board of directors of Current Income Shares Inc. (NYSE NYSE

See: New York Stock Exchange
: CUR) Thursday voted unanimously to declare a quarterly dividend of 21 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 on Dec. 15, 1995 to shareholders of record at the close of business on Nov. 30, 1995.

The board also voted to make a distribution of realized capital gains of approximately 55 cents per share to shareholders of record at the close of business Nov. 30, 1995, by Dec. 31, 1995, the exact amount to be determined by the officers of the corporation after consultation with Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing
 LLP LLP - Lower Layer Protocol , which amount shall be ratified by the board of directors at the next meeting.

Current Income Shares is a closed-end bond investment company managed by Union Bank.

CONTACT: Current Income Shares Inc.

Clark R. Gates, 213/236-7098
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:Nov 9, 1995
Words:137
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