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REYNOLDS METALS DECLARES QUARTERLY DIVIDEND

 RICHMOND, Va., Feb. 19 /PRNewswire/ -- The board of directors of Reynolds Metals Company (NYSE: RLM) today declared a regular quarterly dividend of 45 cents per share on the company's common stock, payable April 1 to stockholders of record March 5.
 "The board has given careful consideration to our dividend level at its last two meetings," said Richard G. Holder, chairman and chief executive officer. "We continue to expect 1993 to be a very difficult year, with a loss in the first quarter and gradual improvement thereafter.
 "The board will continue to review the dividend level on a quarterly basis," said Holder.
 -0- 2/19/93
 /CONTACT: Lou Anne Nabhan of Reynolds Metals Company, 804-281-2965/
 (RLM)


CO: Reynolds Metals Company ST: Virginia IN: MNG SU: DIV

KD -- DC016 -- 8432 02/19/93 13:51 EST
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Publication:PR Newswire
Date:Feb 19, 1993
Words:134
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