Printer Friendly

RAUCH INDUSTRIES ANNOUNCES CASH DIVIDEND

 GASTONIA, N.C., Nov. 19 /PRNewswire/ -- Rauch Industries, Inc. (AMEX: RCH), 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 $.0167 per share. This is equivalent to the same $.025 per share that was paid prior to the current three for two stock split. The cash dividend will be payable on Dec. 17, 1993, to stockholders of record Dec. 3, 1993. The company has 3,695,563 shares of common stock outstanding. The company's shares are traded in the American Stock Exchange under the symbol "RCH."
 -0- 11/19/93
 /CONTACT: Marshall A. Rauch, president and chief executive, or Donald G. Walser, executive vice president and treasurer, of Rauch Industries, 704-867-5333/
 (RCH)


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

CM -- CH001 -- 6430 11/19/93 10:06 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 19, 1993
Words:147
Previous Article:PIPER JAFFRAY WISCONSIN INCOME INDEX
Next Article:BLIMPIE INTERNATIONAL, INC. MAKES APPLICATION FOR LISTING ON THE NASDAQ NATIONAL MARKET SYSTEM
Topics:

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