NORTHSTAR COMPUTER FORMS ANNOUNCES DIVIDEND
NORTHSTAR COMPUTER FORMS ANNOUNCES DIVIDEND MINNEAPOLIS, Sept. 21 /PRNewswire/ -- Northstar Computer Forms, Inc.
(NASDAQ: NSCF) announced that its semiannual dividend will be $.05 a share. The dividend is payable on Nov. 13, 1992, to shareholders of record on Oct. 30, 1992.
This dividend is the same amount per share as paid on May 15 of this year even though the company issued a four for three stock split that became effective on Aug. 21, 1992. "With the stock split, this represents a 33 percent increase in our dividend payout," Roger Bredesen, president, commented. Northstar is celebrating its 30th anniversary in providing business forms to the five state region surrounding Minnesota. Its wholly owned subsidiary, General Financial Supply, is a national supplier of internal bank forms with plants in three states. The company, listed on NASDAQ under the symbol NSCF, has reported profitable results for the past 21 consecutive years, and has paid shareholder dividends without interruption since 1977. -0- 9/21/92 /CONTACT: Roger Bredesen, president, or Mary Ann Morin, both of Northstar Computer Forms, 612-338-8601/ (NSCF) CO: Northstar Computer Forms, Inc. ST: Minnesota IN: CPR SU: DIV
DS -- MN005 -- 1534 09/21/92 09:43 EDT
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|Date:||Sep 21, 1992|
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