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COLLINS & AIKMAN GROUP INC. ANNOUNCES DIVIDEND

 COLLINS & AIKMAN GROUP INC. ANNOUNCES DIVIDEND
 SANTA MONICA, Calif., Sept. 16 /PRNewswire/ -- Collins & Aikman


Group Inc. (formerly "Wickes Companies Inc.") announced today that the regular quarterly dividend on its 15 1/2 percent Junior Cumulative Exchangeable Redeemable Preferred Stock will be payable on Nov. 1, 1992, to stockholders of record on Oct. 3, 1992. The dividend will be in the amount of approximately $.969 per share of Junior Redeemable Preferred Stock and will be paid in additional shares of Junior Redeemable Preferred Stock at the rate of .03875 shares for each share of Junior Redeemable Preferred Stock. No cash dividends will be paid. The dividend payment will cover the period from and including Aug. 1, 1992, through and including Oct. 31, 1992.
 -0- 9/16/92
 /CONTACT: Michael A. Jamieson of Collins & Aikman Group, 310-452-0161/ CO: Collins & Aikman Group Inc. ST: California IN: REA SU: DIV


JL -- LA011 -- 0361 09/16/92 18:03 EDT
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Publication:PR Newswire
Date:Sep 16, 1992
Words:155
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