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ALDEN ELECTRONICS DECLARES DIVIDEND, ANNOUNCES ANNUAL MEETING DATE

 WESTBOROUGH, Mass., March 18 /PRNewswire/ -- The Board of Directors of Alden Electronics, Inc. (NASDAQ: ADNEA) voted to declare a dividend of five cents/share on the outstanding Class A and Class B common stock of the company. The dividend will be payable on April 23, 1993 to stockholders of record on April 9, 1993.
 The president and the senior vice president/chief financial officer, who previously announced their intention to retire from the company at the end of the current fiscal year, will remain with the company at least until the date of the next annual meeting of stockholders.
 The company announced that the annual meeting of stockholders will be held 10:00 a.m., May 19, 1993 at the company facilities in Westborough.
 -0- 3/18/93
 /CONTACT: Gary A. Lortie of Alden Electronics, 508-366-8851/
 (ADNEA)


CO: Alden Electronics, Inc. ST: Massachusetts IN: CPR SU: DIV

DJ -- NE011 -- 7560 03/18/93 15:04 EST
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Publication:PR Newswire
Date:Mar 18, 1993
Words:156
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