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NATIONAL INTERGROUP DECLARES QUARTERLY DIVIDEND

 NATIONAL INTERGROUP DECLARES QUARTERLY DIVIDEND
 DALLAS, Sept. 29 /PRNewswire/ -- National Intergroup, Inc.


(NYSE: NII) Friday declared a second quarter dividend of $1.25 per share on its cumulative convertible preferred stock, or $5.00 per share on an annualized basis. The quarterly dividend will be payable Oct. 15, 1992, to shareholders of record Oct. 6, 1992.
 National Intergroup is headquartered in Dallas and owns majority interests in FoxMeyer Corporation (NYSE: FOX), the nation's third largest pharmaceuticals distributor; and Ben Franklin Retail Stores, Inc. (NASDAQ: BFRS), a franchisor of more than 1,000 variety and craft stores.
 -0- 9/29/92
 /CONTACT: J. Warren Henry of National Intergroup, Inc., 214-446-4270/
 (NII) CO: National Intergroup, Inc. ST: Texas IN: MTC REA SU: DIV


TS -- NY047 -- 4385 09/29/92 12:17 EDT
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Publication:PR Newswire
Date:Sep 29, 1992
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