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ROANOKE ELECTRIC STEEL DECLARES 133RD CONSECUTIVE QUARTERLY CASH DIVIDEND

 ROANOKE ELECTRIC STEEL DECLARES 133RD
 CONSECUTIVE QUARTERLY CASH DIVIDEND
 ROANOKE, Va., Jan. 28 /PRNewswire/ -- Roanoke Electric Steel Corporation (NASDAQ-NMS: RESC) today reported that at a regular meeting of the Board of Directors of the Corporation held Jan. 28, 1992, the 133rd consecutive quarterly cash dividend was declared in the amount of 12 cents per share of common stock payable Feb. 25, 1992 to shareholders of record Feb. 10, 1992.
 Roanoke Electric Steel Corporation is a mini-mill producer of steel products, consisting of angles, plain rounds, flats, channels and reinforcing bars, which are sold to steel fabricators and steel service centers across the eastern United States. Four subsidiaries are involved in various steel-related activities, consisting of steel scrap production, steel bar joist fabrication and reinforcing bar fabrication.
 -0- 1/28/92
 /CONTACT: Thomas J. Crawford, Roanoke Electric Steel Corporation, 703-342-1831/
 (RESC) CO: Roanoke Electric Steel Corporation ST: Virginia IN: MNG SU: DIV


DF -- CH019 -- 4406 01/28/92 16:35 EST
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Publication:PR Newswire
Date:Jan 28, 1992
Words:160
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