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KENAN TRANSPORT COMPANY INCREASES CASH DIVIDEND

 CHAPEL HILL, N.C., June 15 /PRNewswire/ -- The Board of Directors of Kenan Transport Company (NASDAQ: KTCO) has approved an increase to $.06 per share in the quarterly cash dividend payable July 15, 1993, to stockholders of record on June 30, 1993. The $.06 per share rate represents a 4 percent increase over the old rate of $.0575 per share and is the fifteenth consecutive annual increase.
 -0- 6/15/93
 /CONTACT: William L. Boone, Vice President-Finance, Kenan Transport Company, 919-967-8221/
 (KTCO)


CO: Kenan Transport Company ST: North Carolina IN: TRN SU: DIV

CM -- CH001 -- 1982 06/15/93 09:29 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:102
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