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ECOLAB RAISES DIVIDEND 9 PERCENT

 ST. PAUL, Minn., Dec. 18 /PRNewswire/ -- The board of directors of Ecolab Inc. (NYSE: ECL) declared a quarterly cash dividend of $0.19 per share, to be paid Jan. 15, 1993 to shareholders of record at the close of business on Dec. 29, 1992. The new indicated annual cash dividend of $0.76 per share represents a 9 percent increase over the prior cash dividend rate.
 Ecolab has paid cash dividends for 56 consecutive years. Ecolab last declared a dividend increase in December 1990.
 Ecolab is the leading worldwide developer and marketer of premium cleaning, sanitizing and maintenance products and services for the hospitality, institutional and industrial markets. For the year ended Dec. 31, 1991, Ecolab reported sales of $918 million and earnings per share from continuing operations of $1.91 per share. Ecolab shares are traded on the New York Stock Exchange and the Pacific Stock Exchange under the symbol ECL.
 -0- 12/18/92
 /CONTACT: Michael J. Monahan of Ecolab, 612-293-2809/
 (ECL)


CO: Ecolab, Inc. ST: Minnesota IN: CHM SU: DIV

AL -- MN008 -- 8298 12/18/92 14:32 EST
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Publication:PR Newswire
Date:Dec 18, 1992
Words:182
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