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AMERICAN PRESIDENT COMPANIES DECLARES QUARTERLY DIVIDEND

 OAKLAND, Calif., July 28 /PRNewswire/ -- The board of directors of American President Companies LtdN?YSE: APS) at its meeting on July 27 declared a regular quarterly dividend on the company's common stock in the amount of $0.15 per share, payable Aug. 31, 1993, to stockholders of record on Aug. 15, 1993. 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 Sept. 15, 1993, to stockholders of record on Sept. 1, 1993.
 American President Companies Ltd. provides container transportation and related services in North America, Asia and the Middle East through an intermodal system combining ocean, rail and truck transportation.
 -0- 7/28/93
 /CONTACT: Karen Jensen of American President Companies, 510-272-8030/
 (APS)


CO: American President Companies, Ltd. ST: California IN: TRN SU: DIV

TM -- SF005 -- 7257 07/28/93 11:28 EDT
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Publication:PR Newswire
Date:Jul 28, 1993
Words:149
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