Printer Friendly

ORIOLE HOMES DECLARES CASH DIVIDEND; COMPANY INTENDS TO COMMENCE SEMI-ANNUAL DIVIDEND PAYMENTS

 DELRAY BEACH, Fla., Nov. 23 /PRNewswire/ -- Oriole Homes Corp. (AMEX: OHC.A, OHC.B) today declared a cash dividend of $.15 per share for holders of its Class A Common Stock, and $.175 per share for holders of its Class B Common Stock, each payable on Jan. 11, 1994 to holders of record as of Dec. 14, 1993. The company also announced that this dividend represents the first of such dividends which the company intends to pay on a semi-annual basis to holders of both classes of its common stock.
 Oriole Homes is engaged principally in the design, construction, marketing and sale of single-family homes, patio homes, townhomes, villas, duplexes and low- and mid-rise condominiums in Palm Beach and Broward counties, Florida.
 -0- 11/23/93
 /CONTACT: Mark A. Levy, president, Oriole Homes, 407-274-2000; or Barry A. Rothman of Greenstone Roberts Investor Relations Group, 305-975-3500, for Oriole Homes/
 (OHC.A OHC.B)


CO: Oriole Homes Corp. ST: Florida IN: CST SU: DIV

RK-AW -- FL007 -- 7382 11/23/93 15:53 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 23, 1993
Words:171
Previous Article:SANDERS AND THE COFFEE BEANERY JOIN FORCES
Next Article:CALMAT BOARD DECLARES QUARTERLY DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters