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DONNELLY CORPORATION ANNOUNCES DIVIDEND

 DONNELLY CORPORATION ANNOUNCES DIVIDEND
 HOLLAND, Mich., April 24 /PRNewswire/ -- Donnelly Corporation


(AMEX: DON) announced today that its board of directors declared a quarterly dividend of 7 cents per share on its Class A Common Stock. The dividend will be paid on July 1, 1992, to shareholders of record at the close of business on June 15, 1992.
 The July 1, 1992, dividend payout will be 25 percent higher than that paid on April 1, 1992, due to Donnelly's recent 5-for-4 stock split.
 Donnelly Corporation is an international company dedicated to serving customers around the world with high-quality fabricated, molded and coated glass products for the transportation and electronics markets. The company has been based in Holland since 1905 and today operates from 12 separate facilities in western Michigan. In addition, Donnelly has a major manufacturing facility in Naas, Ireland; a marketing liaison office in Tokyo, and in Detroit; and Advanced Technology Center in Tucson, Ariz.; and a manufacturing facility (in conjunction with Asahi Glass of Japan) in Mount Pleasant, Tenn. Donnelly is also recognized as a leader in the application of participative management practices.
 -0- 4/24/92
 /CONTACT: Maryam Komejan of Donnelly Corporation, 616-786-6022/
 (DON) CO: Donnelly Corporation ST: Michigan IN: SU: DIV


DH -- DE009 -- 2310 04/24/92 09:24 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:213
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