Printer Friendly

THE NWNL COMPANIES DECLARES QUARTERLY DIVIDEND

 MINNEAPOLIS, Oct. 14 /PRNewswire/ -- The board of directors of The NWNL Companies (NYSE: NWN) today declared a regular quarterly dividend of 20 cents per share of common stock payable on Nov. 12 to shareholders of record at the close of business on Oct. 25.
 The dividend reflects a 2-for-1 common stock split that became effective on May 21, 1993.
 The 1993 indicated annual dividend rate is 80 cents per common share (post split). On a pre-split basis, it would be $1.60 per share, an 8.1 percent increase compared with the 1992 indicated dividend rate of $1.48 per share.
 The NWNL Companies is a Minneapolis-based holding specializing in the life and health insurance and annuity businesses.
 -0- 10/14/93
 /CONTACT: Jan Pederson of NWNL Companies, 612-372-5623/
 (NWN)


CO: The NWNL Companies ST: Minnesota IN: INS SU: DIV

DB-CP -- MN013 -- 2208 10/14/93 12:00 EDT
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:Oct 14, 1993
Words:149
Previous Article:AMERICA ONLINE SUBSCRIBER GROWTH RATE EXCEEDS 100 PERCENT; SUBSCRIBER BASE NOW EXCEEDS 400,000 HOUSEHOLDS
Next Article:R.R. DONNELLEY COMPLETES PURCHASE OF OREGON DOCUMENTATION PRINTER WCP
Topics:

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