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GIANT BOARD VOTES TO INCREASE QUARTERLY DIVIDEND

 GIANT BOARD VOTES TO INCREASE QUARTERLY DIVIDEND
 WASHINGTON, April 23 /PRNewswire/ -- Giant's (AMEX: GFS.A) board


of directors today voted to increase the company's quarterly cash dividend from 16-1/2 cents to 17 cents. The indicated annual dividend rate will increase from 66 cents to 68 cents. The company has paid dividends every year since becoming a public corporation in 1959.
 The quarterly dividend will be payable on June 5, 1992, to all stockholders of record on May 8, 1992.
 -0- 4/23/92
 /CONTACT: David B. Sykes of Giant Food, Inc., 301-341-8480/
 (GFS) CO: Giant Food, Inc. ST: District of Columbia IN: RET SU: DIV


TW -- DC034 -- 2050 04/23/92 15:34 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 23, 1992
Words:115
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