FAIRCHILD INDUSTRIES DECLARES PREFERRED STOCK DIVIDENDS
FAIRCHILD INDUSTRIES DECLARES PREFERRED STOCK DIVIDENDS CHANTILLY, Va., Sept. 10 /PRNewswire/ -- Fairchild Industries, Inc.
(NYSE: FEN) today announced that its board of directors has declared a regular cash dividend of 90 cents per share on Fairchild Industries' Series A convertible preferred stock, payable Oct. 21, 1992 to stockholders of record Oct. 7, 1992.
In addition, the board of directors of Fairchild Industries, Inc. has declared a dividend of 68 cents per share on Fairchild Series C cumulative preferred stock, payable Oct. 21, 1992 to stockholders of record Oct. 7, 1992. This is the first dividend on the newly issued Series C preferred stock and covers the stub period of Aug. 20 to Oct. 20. The regular quarterly dividend on this stock is $1,0625 per share. The Fairchild Corporation is a leading supplier of aerospace and industrial products, and communications services. -0- 9/10/92 /CONTACT: John D. Jackson, senior vice president and secretary of the Fairchild Corporation, 703-478-5856/ (FEN) CO: Fairchild Industries, Inc. ST: Virginia IN: ARO SU: DIV
AH-OS -- NY058 -- 8052 09/10/92 13:24 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Sep 10, 1992|
|Previous Article:||STRUCTURE, THE LIMITED INC.'S FASHION RETAILER FOR MEN, IS SET TO OPEN AT RIVERSIDE SQUARE|
|Next Article:||ARNOLD AIR FORCE BASE ORDERS SECOND CONVEX C3800 SUPERCOMPUTER|