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PMC CAPITAL BOARD OF DIRECTORS DECLARES DIVIDEND

 MIAMI, March 22 /PRNewswire/ -- The board of directors of PMC Capital, Inc. (AMEX: PMC) declared an increased dividend at its meeting on March 19. The regular quarterly dividend was raised from $0.175 to $0.185. The dividend will be paid to shareholders of record March 31, payable on April 12.
 The dividend has been increased for the 11th consecutive quarter. The annual indicated dividend was raised from $0.70 to $0.74. The dividend has now been increased 18.75 percent cumulative during the preceding 12 months including the year-end extra dividend.
 Lance Rosemore, president, stated, "Earnings have continued to increase due to the continued expansion of our operations. Loan demand remains at record levels."
 -0- 3/22/93
 /CONTACT: Dr. Fredric Rosemore of PMC Capital, Inc., 305-933-5858/
 (PMC)


CO: PMC Capital, Inc. ST: Florida IN: FIN SU: DIV

AW-JB -- FL006 -- 8186 03/22/93 11:20 EST
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Publication:PR Newswire
Date:Mar 22, 1993
Words:149
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