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NEWELL DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK

 FREEPORT, Ill., Aug. 3 /PRNewswire/ -- Newell Co. (NYSE: NWL) announced today that its board of directors had declared a quarterly dividend of 18 cents per share on the company's common stock. The dividend is payable Sept. 1, 1993, to common stockholders of record Aug. 16, 1993. This is consistent with the quarterly dividend paid in the second quarter of 1993, which indicates an annual rate of 72 cents on the common stock.
 Newell manufactures and markets staple consumer products which are sold through a variety of retail and wholesale distribution channels. Product categories include hardware, housewares and office products.
 -0- 8/3/93
 /CONTACT: William T. Alldredge, VP-finance of Newell, 815-235-4171/
 (NWL)


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

BP -- SD009 -- 8934 08/03/93 13:19 EDT
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Publication:PR Newswire
Date:Aug 3, 1993
Words:130
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