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ROWE FURNITURE CORPORATION ANNOUNCES INCREASE IN QUARTERLY DIVIDEND

 ARLINGTON, Va., Dec. 7 /PRNewswire/ -- G.M. Birnbach, chairman of the board and president of Rowe Furniture Corporation (AMEX: ROW), announced today that the board of directors increased the quarterly dividend by 20 percent, from $0.025 to $0.03 per share. The record date for the quarterly dividend has been set for Dec. 23, 1993, with a pay date of Jan. 14, 1994.
 Birnbach also noted that this is the third dividend increase announced by the company in the past 12 months.
 -0- 12/7/93
 /CONTACT: G.M. Birnbach, chairman of the board and president, of Rowe Furniture, 703-413-6050/
 (ROW)


CO: Rowe Furniture Corporation ST: Virginia IN: REA SU: DIV

MM -- CH003 -- 1270 12/07/93 12:09 EST
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Publication:PR Newswire
Date:Dec 7, 1993
Words:121
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