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ORION CAPITAL CORPORATION DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

 NEW YORK, May 7 /PRNewswire/ -- Orion Capital Corporation's (NYSE: OC) board of directors declared the company's 60th regular quarterly dividend on its common stock at a rate of $.20 per share, the company announced today. The above dividend is payable on July 1, 1993, to shareholders of record on June 15, 1993.
 Orion Capital is engaged in the specialty property and casualty insurance business through various wholly-owned insurance subsidiaries, and through its 49.3 percent ownership interest in Guaranty National Corporation.
 -0- 5/7/93
 /CONTACT: Vincent T. Papa of Orion Capital, 212-332-8080; or Robert D. Siegfried or Leslie Uyeda of Kekst and Company, 212-593-2655, for Orion Capital/
 (OC)


CO: Orion Capital Corporation ST: New York IN: INS SU: DIV

GK -- NY051 -- 6004 05/07/93 13:56 EDT
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Publication:PR Newswire
Date:May 7, 1993
Words:129
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