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PIPER JAFFRAY COMPANIES DECLARES QUARTERLY DIVIDEND

 MINNEAPOLIS, July 21 /PRNewswire/ -- The board of directors of Piper Jaffray Companies Inc. (NYSE: PJC), the Minneapolis-based investment company, today declared its quarterly dividend of 25 cents per share on its common stock, payable on Tuesday, Sept. 7, 1993, to shareholders of record on Tuesday, Aug. 24, 1993.
 Piper Jaffray Companies Inc. is the parent company of Piper Jaffray Inc., an investment firm with 71 retail sales offices in 17 Midwest, Mountain, Southwest and Pacific Coast states. Piper Jaffray has capital markets offices in Minneapolis; Seattle; Portland, Ore.; 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 $11 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- 7/21/93
 /CONTACT: Marie Uhrich of Piper Jaffray Companies, 612-342-6583/
 (PJC)


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

DB -- MN016 -- 4057 07/21/93 14:46 EDT
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Publication:PR Newswire
Date:Jul 21, 1993
Words:183
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