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RAUCH INDUSTRIES ANNOUNCES CASH DIVIDEND

 GASTONIA, N.C., Feb. 24 /PRNewswire/ -- Rauch Industries, Inc. (NASDAQ-NMS: RCHI), the oldest domestic producer of glass and unbreakable satin Christmas tree ornaments, reported today that its Board of Directors has authorized a cash dividend of $.02 per share. The cash dividend will be payable on March 24, 1993 to stockholders of record March 9, 1993. The Company has 2,463,753 shares of common stock outstanding. The Company's shares are traded in the NASDAQ National Market System under the symbol "RCHI".
 -0- 2/24/93
 /CONTACT: Marshall A. Rauch, President and Chief Executive, or Donald G. Walser, Executive Vice President and Treasurer, 704-867-5333, both of Rauch Industries, Inc.
 (RCHI)


CO: Rauch Industries, Inc. ST: North Carolina IN: REA SU: DIV

JM -- CH002 -- 9752 02/24/93 08:52 EST
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Publication:PR Newswire
Date:Feb 24, 1993
Words:130
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