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ARTISTIC GREETINGS INCORPORATED INITIATES QUARTERLY DIVIDEND

 ELMIRA, N.Y., April 30 /PRNewswire/ -- The board of directors of Artistic Greetings Incorporated (NASDAQ: ARTG) today declared a quarterly dividend of $.025 per share payable on June 15, 1993, to holders of record on May 21, 1993.
 This marks the first time in the company's history that the board has instituted a quarterly dividend. Previously the board has authorized special dividends payable once a year. The last dividend paid was $.08 per share in June of 1991.
 The company sells and markets personalized products such as re- inkable stamps, address labels, Christmas and everyday greeting cards, stationery, pens, pencils, luggage tags and hundreds of gift items that feature personalization. The items are sold via newspapers, magazines and catalogs.
 -0- 4/30/93
 /CONTACT: Richard C. Bast, vice president finance, Artistic Greetings Incorporated, 607-737-5235, ext. 268/
 (ARTG)


CO: Artistic Greetings Incorporated ST: New York IN: HOU SU: DIV

AR -- CL014 -- 3348 04/30/93 15:27 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:157
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