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NAB ASSET CORPORATION ANNOUNCES $1.00 PER SHARE DISTRIBUTION

 NAB ASSET CORPORATION ANNOUNCES $1.00 PER SHARE DISTRIBUTION
 HOUSTON, June 26 /PRNewswire/ -- NAB Asset Corporation (NASDAQ: NABC) today announced that its board of directors declared a cash distribution of $1.00 per share on the company's common stock, $.01 par value. The distribution will be paid to holders of the common stock of record as of the close of business on July 16, 1992, and will be paid on July 30, 1992.
 -0- 6/26/92
 /CONTACT: Michael A. Hrebenar, president and CEO of NAB Asset Corporation, 713-952-6800/
 (NABC) CO: NAB Asset Corporation ST: Texas IN: SU: DIV


TS -- NY012 -- 4117 06/26/92 09:46 EDT
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Publication:PR Newswire
Date:Jun 26, 1992
Words:108
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