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GUARDSMAN PRODUCTS, INC. DECLARES REGULAR CASH DIVIDEND AND RE-ELECTS DIRECTORS

 GRAND RAPIDS, Mich., May 13 /PRNewswire/ -- The Directors of Guardsman Products, Inc. (NYSE: GPI) today declared the regular second- quarter cash dividend of $.08 per share, payable June 17, 1993, to shareowners of record June 3, 1993. This continues the company's 76th consecutive year of cash dividends.
 At the May 13, 1993, Annual Meeting of Shareowners, the following were elected to the Board of Directors for three-year terms, expiring at the Annual Meeting of Shareowners in 1996: Keith C. Vander Hyde, Charles E. Bennett and John Russell Fowler.
 Guardsman Products, Inc. is a producer of custom industrial coatings and diversified consumer products.
 -0- 5/13/93
 /CONTACT: Edward D. Corlett, vice president and chief financial officer, Guardsman Products, Inc., 616-957-2600/
 (GPI)


CO: Guardsman Products, Inc. ST: Michigan IN: SU: DIV PER

JG-MI -- DE032 -- 8175 05/13/93 14:06 EDT
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Publication:PR Newswire
Date:May 13, 1993
Words:140
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