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AMERICAN PRESIDENT COMPANIES DECLARES QUARTERLY DIVIDEND

 AMERICAN PRESIDENT COMPANIES DECLARES QUARTERLY DIVIDEND
 OAKLAND, Calif., Oct. 21 /PRNewswire/ -- The Board of Directors of American President Companies Ltd. (APC) (NYSE: APS) at its meeting on Oct. 16, 1992, declared a regular quarterly dividend on the company's common stock in the amount of 15 cents per share, payable Nov. 30, 1992 to stockholders of record on Nov. 15, 1992. A regular quarterly dividend was also declared on the company's Series C Cumulative Convertible Preferred Stock in the amount of $1.125 per share, payable Dec. 15, 1992 to stockholders of record on Dec. 1, 1992.
 American President Companies provides container transportation services in North America, Asia and the Middle East, through an intermodal system combining ocean, rail and truck transportation.
 -0- 10/21/92
 /CONTACT: Karen Jensen of American President, 510-272-8030/
 (APS) CO: American President Companies, Ltd. ST: California IN: TRN SU: DIV


GT -- SF005 -- 2959 10/21/92 13:54 EDT
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Publication:PR Newswire
Date:Oct 21, 1992
Words:153
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