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ARGONAUT GROUP DECLARES DIVIDEND

 LOS ANGELES, Jan. 20 /PRNewswire/ -- Argonaut Group Inc. (NASDAQ-NMS: AGII) announced today that its board of directors has declared a regular quarterly cash dividend of $0.21 per common share. This dividend will be payable Feb. 17 to shareholders of record Feb. 2, 1993.
 Argonaut Group is primarily engaged in the selling, underwriting and servicing of workers compensation and other lines of property- casualty insurance. Argonaut Group is traded on NASDAQ's National Market System, ticker symbol AGII.
 -0- 1/20/93
 /CONTACT: Jim Halliday, director of investor relations of Argonaut Group, 415-858-6602/
 (AGII)


CO: Argonaut Group Inc. ST: California IN: INS SU: DIV

JL-KJ -- LA015 -- 6706 01/20/93 08:01 EST
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Publication:PR Newswire
Date:Jan 20, 1993
Words:112
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