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PIPER JAFFRAY DECLARES DIVIDEND

 PIPER JAFFRAY DECLARES DIVIDEND
 MINNEAPOLIS, Jan. 30 /PRNewswire/ -- The board of directors of Piper


Jaffray Incorporated (NASDAQ: PIPR), parent company of the Minneapolis- based investment firm of Piper, Jaffray & Hopwood Incorporated, today declared its quarterly dividend of 17.5 cents per share on its common stock, payable on March 10, 1992, to shareholders of record on Feb. 23, 1992.
 Piper Jaffray Incorporated is the parent company of Piper, Jaffray & Hopwood Incorporated, a full-service investment firm with 64 offices in 16 Midwest, Mountain and Pacific Northwest states. Piper, Jaffray & Hopwood has capital markets offices in Minneapolis, New York, Seattle, Portland, Los Angeles, Kansas City, Denver and London. Other subsidiaries include Piper Capital Management, an asset management company with more than $6.4 billion under management, and Piper Trust, which provides trust services to individuals and institutions. Founded in 1895, Piper, Jaffray & Hopwood Incorporated is a member of the New York Stock Exchange and other major stock, futures and options exchanges.
 -0- 01/30/92
 /CONTACT: Deborah Roesler of Piper Jaffray Incorporated, 612-342-6512/
 (PIPR) CO: Piper Jaffray Incorporated ST: Minnesota IN: FIN SU: DIV


KH -- MN006 -- 5354 01/30/92 14:57 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:191
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