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PIPER JAFFRAY COMPANIES DECLARES DIVIDEND

 MINNEAPOLIS, Jan. 28 /PRNewswire/ -- The board of directors of Piper Jaffray Companies Inc. (NYSE: PJC), the Minneapolis-based investment firm, today declared a quarterly dividend of 25 cents per share of its common stock, payable on March 9, 1993, to shareholders of record on Feb. 23, 1993.
 Piper Jaffray Companies is the parent company of Piper Jaffray Inc., a full-service investment firm with 68 retail sales offices in 17 Midwest, Mountain, Southwest and Pacific Coast states. Piper Jaffray has capital markets offices in Minneapolis; New York; Seattle; Portland, Ore.; Los Angeles; Kansas City, Mo.; Denver; Lincoln, Neb.; Des Moines, Iowa; and London. Other subsidiaries include Piper Capital Management Incorporated, an asset management company with more than $9.3 billion under management; and Piper Trust Company, which provides trust services to individuals and institutions. Founded in 1895, Piper Jaffray is a member of the New York Stock Exchange and other major stock exchanges.
 -0- 1/28/93
 /CONTACT: Marie Uhrich, Piper Jaffray public relations, 612-342-6583/
 (PJC)


CO: Piper Jaffray Companies Inc. ST: Minnesota IN: FIN SU: DIV

KH -- MN007 -- 0249 01/28/93 12:09 EST
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Publication:PR Newswire
Date:Jan 28, 1993
Words:184
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