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PET ANNOUNCES DIVIDEND INCREASE

 ST. LOUIS, Oct. 21 /PRNewswire/ -- Pet Inc. (NYSE: PT) announced that the board of directors declared a regular dividend on its common stock of 8 cents per share. The quarterly dividend was increased by 1 cent per share or 14.3 percent. The dividend is payable Jan. 1, 1994, to shareholders of record on Dec. 17, 1993.
 Pet is a leading packaged foods company. Major brands include Old El Paso Mexican foods, Progresso soups and Italian specialty foods, Downyflake frozen waffles, and Van de Kamp's frozen seafood.
 -0- 10/21/93
 /CONTACT: Beatrice E. Miller of Pet, 314-622-6672/
 (PT)


CO: Pet Inc. ST: Missouri IN: FOD SU: DIV

BB -- DV005 -- 5150 10/21/93 11:36 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:117
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