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EDISTO ANNOUNCES QUARTERLY CASH DIVIDEND

 EDISTO ANNOUNCES QUARTERLY CASH DIVIDEND
 DALLAS, March 20 /PRNewswire/ -- Edisto Resources Corporation


(AMEX: EDS) announced today that its board of directors declared a quarterly cash dividend on its $2.60 senior cumulative convertible preferred stock (AMEX: EDS pr). The dividend is payable on May 15, 1992, to shareholders of record on March 31, 1992, at the rate of $0.65 per share.
 Edisto Resources Corporation's consolidated activities include the production of oil and gas, the exploration and development of oil and gas reserves and natural gas marketing and transportation.
 -0- 3/20/92
 /CONTACT: Gary L. Pittman, VP-financial services, 214-880-0243, or Jeanie Brennan, 214-880-9318, both of Edisto/
 (EDS) CO: Edisto Resources Corporation ST: Texas IN: OIL SU: DIV


CK -- NY036 -- 0080 03/20/92 12:04 EST
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Publication:PR Newswire
Date:Mar 20, 1992
Words:127
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