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STANDARD PRODUCTS DECLARES INCREASED DIVIDEND

 STANDARD PRODUCTS DECLARES INCREASED DIVIDEND
 CLEVELAND, Aug. 24 /PRNewswire/ -- Directors of The Standard


Products Co. (NYSE: SPD) today declared an increase of 33 percent in the quarterly dividend, raising it to $.16 a share, payable Oct. 23, 1992, to shareholders of record Oct. 9, 1992.
 Cleveland-based Standard Products manufactures rubber and plastic parts for the automotive original equipment industry, and plastic and magnetic door seals for home appliances. Its Oliver Rubber subsidiary is a major producer and marketer of tread rubber for truck tire retreading.
 -0- 8/24/92
 /Contact: Aubrey E. Arndt of The Standard Products Co., 216-281-8300; or William L. Dupuy of Edward Howard & Co., 216-781-2400, for The Standard Products Co./
 (SPD) CO: The Standard Products Company ST: Ohio IN: AUT SU: DIV


KK -- CL009 -- 2588 08/24/92 12:31 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:PR Newswire
Date:Aug 24, 1992
Words:134
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