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FEDERAL PAPER BOARD ANNOUNCES PREFERRED DIVIDEND

 FEDERAL PAPER BOARD ANNOUNCES PREFERRED DIVIDEND
 MONTVALE, N.J., May 19 /PRNewswire/ -- Federal Paper Board Company,


Inc. (NYSE: FBO) today voted a dividend of $.71875 per share on its $2.875 cumulative convertible preferred stock, payable June 15, 1992 to holders of record May 31, 1992.
 Federal Paper Board Company, Inc. manufactures and sells solid bleached paperboard, bleached market pulp, recycled paperboard, paper cups, lumber, folding cartons, and in the European market, uncoated free-sheet paper.
 -0- 5/19/92
 /CONTACT: Quentin J. Kennedy, executive vice president of Federal Paper Board, 201-391-1776/
 (FBO) CO: Federal Paper Board Company Inc. ST: New Jersey IN: PAP SU: DIV


SM -- NY039 -- 1722 05/19/92 10:36 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:114
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