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BOWATER DECLARES DIVIDENDS

 BOWATER DECLARES DIVIDENDS
 DARIEN, Conn., Nov. 20 /PRNewswire/ -- The board of directors of


Bowater Incorporated (NYSE: BOW) today declared a quarterly cash dividend of $0.30 per common share payable on Jan. 1, 1992, to holders of record of said stock at the close of business on Dec. 10, 1991.
 The board also declared a quarterly cash dividend on the company's LIBOR preferred stock, Series A, at a rate of 4.675 percent per annum equal to $0.60 per share payable on Jan. 15, 1992, to holders of record of said stock at the close of business on Dec. 10, 1991.
 Bowater Incorporated is a major manufacturer of newsprint, coated publication papers, bleached kraft market pulp and a converter of communication papers for use in computers and other business applications.
 -0- 11/20/91
 /CONTACT: SuAnne B. Aune of Bowater, 203-656-7253, or home, 203-327-7558/
 (BOW) CO: Bowater Incorporated ST: Connecticut IN: PAP SU: DIV


GK -- NY072 -- 5510 11/20/91 15:00 EST
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Publication:PR Newswire
Date:Nov 20, 1991
Words:164
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