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GERBER INCREASES DIVIDEND 14 PERCENT, SPLITS STOCK 2-FOR-1

 GERBER INCREASES DIVIDEND 14 PERCENT, SPLITS STOCK 2-FOR-1
 FREMONT, Mich., Aug. 5 /PRNewswire/ -- The board of directors of Gerber Products Company (NYSE: GEB) increased by 14 percent the quarterly cash dividend to $0.41 per common share and split the stock 2-for-1 payable in the form of a 100-percent stock dividend.
 Both the $0.41 per-share cash dividend and the 100-percent stock dividend are payable Sept. 10 to shareholders of record Aug. 17, 1992. The cash dividend is payable on a pre-split basis.
 "Gerber is committed to increasing the economic value of the shareholders' investment. The stock split and the 14-percent increase in the cash dividend reflect our optimism for continued earnings growth," said Al Piergallini, Gerber chairman and chief executive officer. "We also split the stock to enhance the marketability of our stock to a broader range of investors."
 -0- 8/5/92
 /CONTACT: (Media) Steve Poole, 616-928-2744, or (Investors) Tim Croasdaile, 616-928-2718, both of Gerber Products Company/
 (GEB) CO: Gerber Products Company ST: Michigan IN: FOD SU: DIV


JG -- DE013 -- 7010 08/05/92 10:29 EDT
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Publication:PR Newswire
Date:Aug 5, 1992
Words:179
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