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JOHN NUVEEN COMPANY DECLARES INITIAL QUARTERLY DIVIDEND

 JOHN NUVEEN COMPANY DECLARES INITIAL QUARTERLY DIVIDEND
 CHICAGO, Aug. 18 /PRNewswire/ -- The John Nuveen Company (NYSE: JNC) today declared a $0.12 per share common stock dividend, the company's first quarterly dividend since its initial public offering of common stock in May 1992.
 The $0.12 dividend will be payable on Sept. 15 to all shareholders of record on Sept. 1. The ex-dividend date will be Aug. 26.
 "We're very pleased to begin the process of quarterly stock dividends," said Richard J. Franke, Nuveen's chairman. "Dividends are one important way investors can realize some of the value of their investment in our company."
 Franke noted that the September $0.12 quarterly dividend was in line with statements made in the prospectus during the firm's initial public offering of common stock.
 -0- 8/18/92
 /CONTACT: Jeff Kratz of Nuveen, 312-917-7749/
 (JNC) CO: John Nuveen Company ST: Illinois IN: FIN SU: DIV


SM -- NY078 -- 1113 08/18/92 17:02 EDT
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Publication:PR Newswire
Date:Aug 18, 1992
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