RAUCH INDUSTRIES ANNOUNCES CASH DIVIDEND
RAUCH INDUSTRIES ANNOUNCES CASH DIVIDEND GASTONIA, N.C., Aug. 12 /PRNewswire/ -- Rauch Industries, Inc.
(NASDAQ-NMS: RCHI), the oldest domestic producer of glass and unbreakable satin Christmas tree ornaments, reported today that its Board of Directors has authorized a cash dividend of $.02 per share. The cash dividend will be payable on Sept. 25, 1992 to stockholders of record Sept. 11, 1992. The Company has 2,463,753 shares of common stock outstanding. The Company's shares are traded in the NASDAQ National Market System under the symbol "RCHI."
-0- 8/12/92 /CONTACT: Marshall A. Rauch, President and Chief Executive, or Donald G. Walser, Executive VP and Treasurer, Rauch Industries, Inc., 704-867-5333/ (RCHI) CO: Rauch Industries, Inc. ST: North Carolina IN: SU: DIV
CM -- CH001 -- 9273 08/12/92 09:23 EDT
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|Date:||Aug 12, 1992|
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