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READER'S DIGEST BOARD DECLARES REGULAR QUARTERLY DIVIDEND OF 20 CENTS PER SHARE

 READER'S DIGEST BOARD DECLARES
 REGULAR QUARTERLY DIVIDEND OF 20 CENTS PER SHARE
 PLEASANTVILLE, N.Y., Jan. 10 /PRNewswire/ -- The board of directors of The Reader's Digest Association, Inc. (NYSE: RDA) today declared a regular quarterly dividend of 20 cents on each share of common stock.
 The dividend is payable Feb. 3, 1992, to stockholders of record at the close of business Jan. 20, 1992.
 Last September, the board raised the quarterly dividend to 20 cents per share, effective with the Nov. 1, 1991 payment. This represented a 33 percent increase from the 15 cents per share previously paid, and was the company's sixth consecutive annual dividend increase since 1986.
 Reader's Digest is a global publisher of magazines, books and home entertainment products, and one of the world's leading direct mail marketers. World headquarters is in Pleasantville, N.Y.
 -0- 1/10/92
 /CONTACT: David R. Fluhrer of Reader's Digest, 914-241-5010, or home, 516-379-9454/
 (RDA) CO: Reader's Digest Association Inc. ST: New York IN: PUB SU: DIV


KD -- NY026 -- 8577 01/10/92 10:59 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 10, 1992
Words:175
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