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ARMCO DECLARES DIVIDEND

 PARSIPPANY, N.J., July 23 /PRNewswire/ -- Armco's (NYSE: AS) board of directors today declared a regular dividend of $.525 per share of $2.10 cumulative convertible preferred stock, Class A, payable Sept. 30, 1993, to shareholders of record Aug. 27, 1993, and a regular dividend of $.90625 per share of $3.625 cumulative convertible preferred stock, Class A, payable Sept. 30, 1993, to shareholders of record Aug. 27, 1993. The board also declared a regular dividend of $1.125 per share of $4.50 cumulative convertible preferred stock, Class B, payable Oct. 1, 1993, to shareholders of record Aug. 27, 1993.
 -0- 7/23/93
 /CONTACT: James A. Herzog of Armco, 201-316-5276/
 (AS)


CO: Armco Inc. ST: New Jersey IN: MNG SU: DIV

WB -- NY040 -- 5104 07/23/93 11:31 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 23, 1993
Words:132
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