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LONGS DRUG STORES INCREASES DIVIDEND, RE-ELECTS BOARD AT ANNUAL MEETING

 LONGS DRUG STORES INCREASES DIVIDEND,
 RE-ELECTS BOARD AT ANNUAL MEETING
 WALNUT CREEK, Calif., May 19 /PRNewswire/ -- The quarterly


dividend of Longs Drug Stores Corporation (NYSE: LDG) has been increased from 27 cents to 28 cents, a 4 percent increase, Chairman and CEO Robert M. Long announced today.
 This is the 29th consecutive year that Longs has increased its dividend. Record date for payment of the second quarter dividend is June 2, 1992, payable July 10, 1992.
 At the Annual Meeting of Shareholders of Longs Drug Stores Corporation the incumbent board members re-elected for terms ending in May 1995 were: R.M. Long, R.A. Plomgren, F.E. Trotter, and H.R. Sommerset.
 At the Board of Directors meeting which followed the annual meeting, the board re-elected the principal officers of the company and appointed Gerald H. Saito, Hawaii District Manager, to vice president of the California corporation.
 -0- 5/19/92
 /CONTACT: Bill Combs of Longs Drug Stores, 510-210-6726/
 (LDG) CO: Longs Drug Stores ST: California IN: REA SU: PER DIV


RM -- SF009 -- 2080 05/19/92 17:43 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:180
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