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JOHN NUVEEN COMPANY DECLARES REGULAR QUARTERLY DIVIDEND; FIRM DECLARES FOURTH DIVIDEND SINCE PUBLIC OFFERING

 CHICAGO, May 19 /PRNewswire/ -- The John Nuveen Company (NYSE: JNC) today declared a regular quarterly dividend of $0.14 per common share. The $0.14 dividend, which is the company's fourth regular dividend since its initial public offering of common stock in May 1992, will be payable on June 15 to all shareholders of record on June 1. The ex-dividend date will be May 25.
 "Regular quarterly dividends are one way for JNC investors to share in the success and growth of the company," noted Chairman Richard J. Franke. "We are pleased to end our first year of public ownership with record financial performance and steady dividend payments."
 Founded in 1898 and headquartered in Chicago, Nuveen is the nation's oldest and largest investment banking firm specializing in the sponsorship, marketing and management of tax-free investments for individual investors, and in the underwriting and distribution of municipal securities. The company's stock is listed on the New York Stock Exchange and trades under the symbol "JNC."
 -0- 5/19/93
 /CONTACT: Jeff Kratz of Nuveen, 312-917-7749/
 (JNC)


CO: John Nuveen Company ST: Illinois IN: FIN SU: DIV

TM -- NY095 -- 0499 05/19/93 17:33 EDT
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Publication:PR Newswire
Date:May 19, 1993
Words:194
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