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MERRILL CORPORATION DECLARES CASH DIVIDEND TO SHAREHOLDERS

 ST. PAUL, Minn., March 16 /PRNewswire/ -- The board of directors of Merrill Corporation (NASDAQ: MRLL) today declared the Company's initial quarterly dividend in the amount of two and one-half cents ($.025) per share payable April 15, 1993 to shareholders of record at the close of business on April 1, 1993.
 Merrill president and CEO, John Castro said, "We consider Merrill Corporation to be a growth company and intend to continue aggressively pursuing growth opportunities. However, given our solid financial condition and strong cash flow, we feel it appropriate to also begin payment of dividends to our shareholders at this time."
 Merrill Corporation is a leading provider of on-demand, 24-hour-per- day typesetting, printing, document reproduction and distribution services to financial, legal, insurance and corporate markets nationwide.
 -0- 3/16/93
 /CONTACT: Melissa Quinn of Padilla Speer Beardsley, 612-871-8877, for Merrill; or John B. McCain of Merrill, 612-646-4501/
 (MRLL)


CO: Merrill Corporation ST: Minnesota IN: PUB SU: DIV

AL -- MN012 -- 6783 03/16/93 17:39 EST
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Publication:PR Newswire
Date:Mar 16, 1993
Words:165
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