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BINDLEY WESTERN INDUSTRIES, INC. DECLARES CASH DIVIDEND

 BINDLEY WESTERN INDUSTRIES, INC. DECLARES CASH DIVIDEND
 INDIANAPOLIS, Aug. 10 /PRNewswire/ -- It was announced today by chairman and CEO William E. Bindley that at a meeting the board of directors of Bindley Western Industries, Inc. (NASDAQ: BIND) declared a cash dividend of 1-1/2 cents per share payable to shareholders of record Aug. 24, 1992, payable Sept. 4, 1992.
 The company indicated that this is the ninth cash dividend in the company's history. Previous dividends of the same amount were paid each quarter since Sept. 5, 1990.
 Indianapolis-based Bindley Western, with 1991 revenues of $2.4 billion, is one of the largest drug wholesalers in the United States specializing in the distribution of ethical pharmaceuticals and related products. The firm serves customers in 36 states through distribution centers in Austell, Ga.; Brockton, Mass.; Charlotte, N.C.; Dallas; Houston; Indianapolis; Middletown, Pa.; Orlando, Fla.; Phoenix, Ariz.; Portland, Maine; San Dimas, Calif. and Stamford, Conn.
 -0- 8/10/92
 /CONTACT: Sue Goebel of Bindley Western Industries, Inc., 317-298-9900/
 (BIND) CO: Bindley Western Industries, Inc. ST: Indiana IN: REA SU: DIV


BM -- CL013 -- 8592 08/10/92 14:44 EDT
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Publication:PR Newswire
Date:Aug 10, 1992
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