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NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK

 FREEPORT, Ill., Feb. 10 /PRNewswire/ -- Newell Co. (NYSE: NWL) announced today that its board of directors had declared a quarterly dividend of 15 cents per share on the company's common stock. The dividend is payable March 3, 1993, to common stockholders of record Feb. 22, 1993. This is consistent with the quarterly dividend paid in the fourth quarter of 1992 which indicates an annual rate of 60 cents on the common stock.
 Newell manufactures and markets high-volume consumer products sold principally through mass-market chains, discount, variety, chain and hardware stores, hardware and housewares distributors, home improvement centers, office product superstores and office product dealers and wholesalers.
 -0- 2/10/93
 /CONTACT: William T. Alldredge, VP-finance of Newell, 815-235-4171/
 (NWL)


CO: Newell Co. ST: Illinois IN: HOU SU: DIV

MS-BP -- SD002 -- 5034 02/10/93 09:30 EST
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Publication:PR Newswire
Date:Feb 10, 1993
Words:137
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