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NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK

     NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK
    FREEPORT, Ill., Nov. 5 /PRNewswire/ -- Newell Co. (NYSE: NWL) announced today that its board of directors has declared a quarterly dividend of 15 cents per share on the company's common stock.  The dividend is payable Dec. 2, 1991, to common stockholders of record Nov. 15, 1991.  This is consistent with the quarterly dividend paid in the third quarter of 1991 which indicates an annual rate of 60 cents on the common stock.
    Newell manufactures and markets high-volume hardware/housewares, office and industrial products.  Hardware/housewares products are sold principally through discount, variety, chain and hardware stores, hardware and housewares distributors and home improvement centers.  Office products are sold through office product dealers and wholesalers, office product superstores and mass market chains. Industrial products are sold directly and through distributors to volume purchasers.
    -0-                        11/5/91
    /CONTACT:  William T. Alldredge of Newell, 815-961-2114/
    (NWL) CO:  Newell Co. ST:  Illinois IN:  HOU SU:  DIV KJ-SE -- SD001 -- 1106 11/05/91 09:03 EST
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Publication:PR Newswire
Date:Nov 5, 1991
Words:171
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