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PILGRIM'S PRIDE ANNOUNCES QUARTERLY DIVIDEND

 PILGRIM'S PRIDE ANNOUNCES QUARTERLY DIVIDEND
 PITTSBURG, Texas, May 27 /PRNewswire/ -- The board of directors of


Pilgrim's Pride Corporation (NYSE: CHX), in their meeting today declared a quarterly dividend of 1-1/2 cents per share on 22,589,250 shares outstanding payable on June 30, 1992 to shareholders of record on June 9, 1992.
 Pilgrim's Pride Corporation is the fifth largest producer of poultry products and the 21st largest egg producer in the United States, producing more than 1.1 billion pounds of dressed poultry and 41 million dozen table eggs annually. Pilgrim's Pride employs more than 10,500 persons internationally and operates processing plants, distribution centers, hatcheries and feed mills in Texas, Arkansas, Arizona, Oklahoma and Mexico.
 Products are sold under the "Pilgrim's Pride" label to supermarkets, wholesale clubs, and food service customers. The company's primary domestic distribution is through retailers and restaurants in central, southwestern and western United States and through the food service industry nationally.
 -0- 5/27/92
 /CONTACT: Cliff Butler, chief financial officer of Pilgrim's Pride Corporation, 903-856-7901/
 (CHX) CO: Pilgrim's Pride Corporation ST: Texas IN: FOD SU: DIV


PS -- NY073 -- 4410 05/27/92 16:29 EDT
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Publication:PR Newswire
Date:May 27, 1992
Words:192
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