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NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK

 NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK
 FREEPORT, Ill., July 31 /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 Sept. 1, 1992, to common stockholders of record Aug. 14, 1992. This is consistent with the quarterly dividend paid in the second quarter of 1992 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 superstores, mass market chains and office product dealers and wholesalers. Industrial products are sold directly and through distributors to volume purchasers.
 -0- 7/31/92
 /CONTACT: William T. Alldredge, VP-finance of Newell, 815-961-2114/
 (NWL) CO: Newell Co. ST: Illinois IN: HOU SU: DIV


CH-AL -- SD004 -- 5520 07/31/92 10:41 EDT
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Publication:PR Newswire
Date:Jul 31, 1992
Words:172
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