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GREEN TREE FINANCIAL CORPORATION DECLARES CASH DIVIDEND

 ST. PAUL, Minn., Feb. 16 /PRNewswire/ -- The board of directors of Green Tree Financial Corporation (NYSE: GNT) has declared a quarterly cash dividend of 8.125 cents per share payable March 31 to shareholders of record March 15, 1993. As of Jan. 31, Green Tree had 30,401,374 common shares outstanding.
 Green Tree Financial Corporation makes loans to individuals in the 48 contiguous states for manufactured homes, home improvements and motorcycles. Green Tree currently services approximately 340,000 contracts totaling $5.6 billion in outstanding principal balances. Green Tree's common stock is traded on the New York and Pacific Stock Exchanges under the symbol "GNT".
 -0- 2/16/93
 /CONTACT: John W. Brink, of Green Tree Financial, 612-293-3400, or John Mackay of Padilla Speer Beardsley Inc., 612-871-8877 or (in New York) 212-752-8338, for Green Tree Financial/
 (GNT)


CO: Green Tree Financial Corporation ST: Minnesota IN: FIN SU: DIV

MP -- MN015 -- 6911 02/16/93 12:08 EST
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Publication:PR Newswire
Date:Feb 16, 1993
Words:158
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