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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
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 10, 1992
Words:179
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