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NAVISTAR BOARD SUSPENDS DIVIDEND ON SERIES G PREFERRED STOCK

 CHICAGO, Feb. 18 /PRNewswire/ -- The board of directors of Navistar International Corp. (NYSE: NAV) today voted to continue to suspend the quarterly dividend of $1.50 per share on Navistar's $6 cumulative convertible preferred stock, Series G. Today's action applies to the dividend scheduled to be paid on April 15 to shareowners of record as of April 5. As previously announced, the dividend will be suspended until the legal process involving Navistar's restructuring of its retiree health care benefits is completed and the new health care program can be implemented.
 -0- 2/18/93
 /CONTACT: Deborah Spak of Navistar, 312-836-3232/
 (NAV)


CO: Navistar International Corporation ST: Illinois IN: AUT SU: DIV

SH -- NY072 -- 8007 02/18/93 15:00 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 18, 1993
Words:120
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