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FAIRFIELD INDUSTRIES DECLARES PREFERRED STOCK DIVIDENDS

 CHANTILLY, Va., Feb. 17 /PRNewswire/ -- Fairfield Industries, Inc. (NYSE: FEN) 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 April 21, 1993, to stockholders of record April 7, 1993.
 In addition, the board of directors of Fairfield Industries, Inc. has declared a dividend of $1.0625 per share on Fairfield Industries' Series C cumulative preferred stock, payable April 21, 1993, to stockholders of record April 7, 1993.
 Fairfield Industries, Inc. is a leading supplier of aerospace and industrial products and communications services.
 -0- 2/17/93
 /CONTACT: John D. Jackson of The Fairfield Corporation, 703-478-5872/
 (FEN)


CO: Fairchild Industries, Inc. ST: Virginia IN: ARO SU: DIV

AH-KW -- NY094 -- 7423 02/17/93 14:40 EST
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Publication:PR Newswire
Date:Feb 17, 1993
Words:132
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