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BROAD INC. ANNOUNCES QUARTERLY DIVIDENDS

 LOS ANGELES, Jan. 29 /PRNewswire/ -- Directors of Broad Inc. (NYSE: BRO) today declared a regular quarterly cash dividend of 7 cents ($.07) per share of common stock, and $.063 per share of Nontransferable Class B stock. Cash dividends are payable on Feb. 19, 1993, to shareholders of record Feb. 12, 1993.
 Directors also declared a regular quarterly cash dividend of $.2775 per share of $1.11 Depositary Shares Each Representing One- Fifth of a Share of


Series A Mandatory Conversion Premium Dividend Preferred Stock, payable on April 15, 1993, to shareholders of record April 8, 1993.
 Finally, the board declared a regular quarterly cash dividend of $.5781 per share of the company's 9 1/4 percent Preferred Stock, Series B, payable on March 15, 1993, to shareholders of record March 8, 1993.
 Broad Inc. is the parent company of the SunAmerica companies, a leading financial services group with more than $16 billion of assets owned or under management.
 -0- 1/29/93
 /CONTACT: Lori Steingrebe, corporate communications of Broad, 310-445-6536/
 (BRO)


CO: Broad Inc. ST: California IN: FIN SU: DIV

JL-JB -- LA038 -- 0981 01/29/93 17:42 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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