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MONK-AUSTIN DECLARES QUARTERLY DIVIDEND

 FARMVILLE, N.C., Aug. 20 /PRNewswire/ -- Monk-Austin, Inc. (NYSE: MK), announced that its board of directors at a meeting held Aug. 12, 1993 declared a quarterly dividend to shareholders of four cents ($.04) per share on the common stock of the company made payable Oct. 6, 1993 to common shareholders of record at the close of business on Sept. 15, 1993.
 Monk-Austin, Inc., is engaged in the business of purchasing and processing leaf tobacco on a worldwide basis and selling processed tobacco to manufacturers of cigarettes and other consumer products. With operations in major tobacco growing and processing centers around the world, the company believes that, based on revenues, it is the fourth largest leaf tobacco merchant in the world.
 -0- 8/20/93
 /CONTACT: Linda O'Dunne of James A. Fyock & Associates, 919-659-8440/
 (MK)


CO: Monk-Austin, Inc. ST: North Carolina IN: TOB SU: DIV

MM -- CH003 -- 8754 08/20/93 17:27 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
Words:153
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