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STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND

 STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND
 COSTA MESA, Calif., April 22 /PRNewswire/ -- Arthur E. Svendsen,


chairman of the board and chief executive officer of Standard Pacific Corp. (NYSE: SPF), today announced that the company's board of directors had declared the first quarterly cash dividend since reconverting to a corporation of $.03 per share of common stock. The cash dividend will be payable on May 29, 1992, to shareholders of record on May 15, 1992.
 Standard Pacific Corp. operates primarily as a geographically diversified builder of medium-priced single-family homes with operations throughout California and in the Houston and Dallas markets. In addition, Standard Pacific Corp. assists homebuyers in obtaining financing for home purchases through its wholly owned subsidiary, Standard Pacific Savings, F.A. The company is also engaged in the manufacture and marketing of movable acoustical office partitions and office furniture through its wholly owned subsidiary, Panel Concepts Inc.
 -0- 4/22/92
 /CONTACT: April J. Morris of Standard Pacific, 714-668-4303/
 (SPF) CO: Standard Pacific Corp. ST: California IN: CST SU: DIV


KJ-CH -- LA024 -- 1359 04/22/92 14:12 EDT
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Publication:PR Newswire
Date:Apr 22, 1992
Words:181
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