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AMAX DECLARES DIVIDEND

 AMAX DECLARES DIVIDEND
 NEW YORK, April 2 /PRNewswire/ -- AMAX Inc. (NYSE: AMX) today


announced that its board of directors today declared a quarterly dividend of 20 cents per common share, unchanged from the previous quarter. The dividend is payable June 1, 1992 to shareholders of record May 11, 1992.
 The directors also approved payment of the regular quarterly dividend of 75 cents per share on the Series B convertible preferred, payable Sept. 1, 1992 to shareholders of record Aug. 10, 1992.
 -0- 4/2/92
 /CONTACT: Penelope Pappas of AMAX, 212-856-5998/
 (AMX) CO: AMAX Inc. ST: New York IN: SU: DIV


TS -- NY035 -- 4336 04/02/92 11:28 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 2, 1992
Words:110
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