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PIPER JAFFRAY COMPANIES DECLARES QUARTERLY DIVIDEND

 MINNEAPOLIS, April 21 /PRNewswire/ -- The board of directors of Piper Jaffray Companies Inc. (NYSE: PJC) the Minneapolis-based investment company, today declared is quarterly dividend of 25 cent per share on its common stock, payable on Tuesday, June 8, 1993, to shareholders of record on Tuesday, May 25, 1993.
 Piper Jaffray Companies Inc., is the parent company of Piper Jaffray, Inc., an investment firm with 70 retail sales offices in 17 Midwest, Mountain, Southwest and Pacific Coast states. Piper Jaffray has capital markets offices in Minneapolis; New York; Seattle, Portland; Los Angeles; Lincoln, Neb.; Kansas City, Mo.; Denver; Des Moines, Iowa; Milwaukee; and London. Other subsidiaries include Piper Capital Management Incorporated, a money management company with more than $10 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- 4/21/93
 /CONTACT: Marie Uhrich, public relations, Piper Jaffray Companies, 612-342-6583/
 (PJC)


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

DS -- MN015 -- 8724 04/21/93 12:11 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:186
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