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DAMES & MOORE DECLARES $0.03 PER SHARE QUARTERLY CASH DIVIDEND

 DAMES & MOORE DECLARES $0.03 PER SHARE QUARTERLY CASH DIVIDEND
 LOS ANGELES, June 2 /PRNewswire/ -- Dames & Moore (NYSE: DM), international environmental and engineering consultants, has declared a quarterly cash dividend of $0.03 per common share outstanding, the company announced today.
 The dividend is payable to shareholders of record as of June 15, 1992, and will be paid on June 30, 1992. The company has 22,530,000 shares outstanding.
 Dames & Moore completed a $130,000,000 initial public offering of 6,500,000 shares of common stock in March 1992. Of the total, 2,500,000 shares were sold by the company and 4,000,000 shares were sold by selling shareholders. The company netted approximately $44,000,000 from the offering. Underwriters were led by Kidder, Peabody & Co. Inc.; Goldman, Sachs & Co.; Smith Barney, Harris Upham & Co. Inc.; and Oppenheimer & Co. Inc.
 Dames & Moore is a worldwide provider of comprehensive environmental and other specialized consulting and engineering services. It has 117 offices in 20 countries, staffed by approximately 3,300 professional and support personnel. In its 54-year history, Dames & Moore has completed more than 93,000 projects for more than 24,000 clients in more than 140 countries.
 -0- 6/2/92
 /CONTACT: Jill Tenney-Groswirth of Dames & Moore, 213-683-1560, ext. 268; or Tom Wick or William Coffin of The Financial Relations Board, 818-783-2400, for Dames & Moore/
 (DM) CO: Dames & Moore ST: California IN: CST SU: DIV


JL-KJ -- LA009 -- 6064 06/02/92 09:03 EDT
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Publication:PR Newswire
Date:Jun 2, 1992
Words:247
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