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ART'S-WAY MANUFACTURING MAKES ANNOUNCEMENT REGARDING DIVIDENDS

 ART'S-WAY MANUFACTURING MAKES ANNOUNCEMENT REGARDING DIVIDENDS
 ARMSTRONG, Iowa, April 30 /PRNewswire/ -- James L. Koley, chairman of the board of directors, announced that due to current market conditions, the corporation's present operational losses and the need to conserve cash, the board of directors of Art's-Way Manufacturing, Co., Inc. (NASDAQ: ARTW) has determined to discontinue the payment of dividends for the indefinite future.
 -0- 4/30/92
 /CONTACT: William T. Green of Art's-Way Manufacturing, 712-864-3131/
 (ARTW) CO: Art's-Way Manufacturing, Co., Inc. ST: Iowa IN: SU: DIV


AL -- MN013 -- 5045 04/30/92 14:44 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:93
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