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MATTEL DECLARES QUARTERLY DIVIDEND

 MATTEL DECLARES QUARTERLY DIVIDEND
 LOS ANGELES, Feb. 10 /PRNewswire/ -- The board of directors of


Mattel Inc. (NYSE: MAT) today declared a quarterly dividend of $.05 per share on its common stock. The dividend is payable April 2, 1992 to shareholders of record on March 13, 1992.
 The board also voted to extend a Preference Share Purchase Rights plan which expired in November 1991. A spokesman said that the rights are intended to enable all Mattel shareholders to realize the long-term value of their investment in the company, and to assure that all Mattel shareholders receive fair and equal treatment in the event of any unsolicited takeover of the company.
 The rights are issued in a dividend distribution of one Preference Share Purchase Right for each outstanding share of Mattel common stock, and are effective Feb. 7, 1992 for shareholders of record on Feb. 17, 1992.
 Mattel Inc. is a worldwide leader in the design, manufacture and marketing of children's toys. With headquarters in El Segundo, Calif., Mattel has offices and facilities in more than 20 foreign countries and sells its products in more than 100 nations throughout the world.
 -0- 2/10/92
 /CONTACT: Glenn Bozarth of Mattel, 310-524-3521/
 (MAT) CO: Mattel Inc. ST: California IN: SU: DIV


CH -- LA039 -- 8480 02/10/92 17:00 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 10, 1992
Words:217
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