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HAKO MINUTEMAN RAISES DIVIDEND 16.7 PERCENT

 HAKO MINUTEMAN RAISES DIVIDEND 16.7 PERCENT
 ADDISON, Ill., Jan. 13 /PRNewswire/ -- Hako Minuteman, Inc.


(NASDAQ-NMS: HAKO), said today its board of directors has voted to raise the company's dividend from 6 cents to 7 cents per share, an increase of 16.7 percent. The dividend is payable Feb. 14, 1992, to shareholders of record on Jan. 31, 1992.
 President and Chief Executive Officer Jerome E. Rau said the dividend hike reflects management's determination to share its higher earnings with shareholders and its confidence in the future growth of the company.
 Headquartered in Addison, Hako Minuteman, Inc., manufactures one of the most complete lines of commercial and industrial vacuums, floor and carpet care equipment and chemical cleaning and coating products in the United States and Canada.
 -0- 1/13/92
 /CONTACT: Jerome E. Rau, president and CEO of Hako Minuteman, 708-627-6900/
 (HAKO) CO: Hako Minuteman, Inc. ST: Illinois IN: HOU SU: DIV


TS-GK -- NY020 -- 8976 01/13/92 09:47 EST
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Publication:PR Newswire
Date:Jan 13, 1992
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