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PIPER JAFFRAY COMPANIES DECLARES QUARTERLY DIVIDEND

 PIPER JAFFRAY COMPANIES DECLARES QUARTERLY DIVIDEND
 MINNEAPOLIS, July 22 /PRNewswire/ -- The board of directors of Piper


Jaffray Companies Inc. (NYSE: PJC), the Minneapolis-based financial services firm, today declared its quarterly dividend of 17.5 cents per share on its common stock, payable on Sept. 8, 1992, to shareholders of record on August 25, 1992.
 Piper Jaffray Companies is the parent company of Piper Jaffray Inc., a full-service investment firm with 65 retail sales offices in 15 Midwest, Mountain and Pacific Northwest states. Piper Jaffray has capital markets offices in Minneapolis; New York; Seattle; Portland, Ore.; Los Angeles; Kansas City, Mo.; Denver; Des Moines, Iowa; and London. Other subsidiaries include Piper Capital Management Incorporated, an asset management company with more than $8 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- 7/22/92
 /CONTACT: Marie Uhrich of Piper Jaffray Companies, 612-342-6583/
 (PJC) CO: Piper Jaffray Companies Inc. ST: Minnesota IN: FIN SU: DIV


AL -- MN008 -- 1874 07/22/92 11:52 EDT
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Publication:PR Newswire
Date:Jul 22, 1992
Words:188
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