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J.C. PENNEY COMPANY DECLARES DIVIDEND

 J.C. PENNEY COMPANY DECLARES DIVIDEND
 DALLAS, March 11 /PRNewswire/ -- The board of directors of J.C.


Penney Company, Inc. (NYSE: JCP), the major department store and catalog retailer, declared today the regular quarterly dividend of 66 cents per share on the company's outstanding common stock payable Friday, May 1, 1992, to stockholders of record at the close of business Friday, April 10, 1992.
 -0- 3/11/92
 /CONTACT: J. Duncan Muir of J.C. Penney, 214-591-1329/
 (JCP) CO: J.C. Penney Company Inc. ST: Texas IN: REA SU: DIV SM -- NY062 -- 7407 03/11/92 15:22 EST
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Publication:PR Newswire
Date:Mar 11, 1992
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