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BROAD INC. COMMON DIVIDEND INCREASES 40 PERCENT

 BROAD INC. COMMON DIVIDEND INCREASES 40 PERCENT
 LOS ANGELES, Nov. 6 /PRNewswire/ -- Directors of Broad Inc.


(NYSE: BRO) today announced a 40 percent increase in the quarterly cash dividend on the company's common stock, from $.05 to $.07 per share, payable on Nov. 24, 1992, to shareholders of record Nov. 17, 1992. On an annualized basis, the new common dividend rate would increase to $.28 per share, up from $.20 previously.
 -0- 11/6/92
 /CONTACT: Lori Steingrebe of Broad, 310-445-6536/
 (BRO) CO: Broad Inc. ST: California IN: INS FIN SU: DIV


EH-KJ -- LA021 -- 8290 11/06/92 15:59 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 6, 1992
Words:101
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