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PMC CAPITAL BOARD OF DIRECTORS DECLARES DIVIDEND

 MIAMI, Sept. 20 /PRNewswire/ -- The board of directors of PMC Capital, Inc. (AMEX: PMC) declared an increased dividend at its meeting on Sept. 18, 1993. The regular quarterly dividend was raised from $0.20 to $0.21. The dividend will be paid to shareholders of record Sept. 30, 1993, payable on Oct. 12, 1993.
 The dividend has been increased for the 13th consecutive quarter. The annual indicated dividend was raised from $0.80 to $0.84. The indicated dividend has now been increased 23.5 percent cumulative during the preceding 12 months.
 Lance Rosemore, president, stated, "Earnings have continued to increase due to the continued expansion of our operations. Loan demand remains at record levels."
 -0- 9/20/93
 /CONTACT: Dr. Fredric Rosemore of PMC Capital, 305-933-5858/
 (PMC)


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

RC-JB -- FL005 -- 3674 09/20/93 12:29 EDT
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Publication:PR Newswire
Date:Sep 20, 1993
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