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SCOTT & STRINGFELLOW ANNOUNCES QUARTERLY DIVIDEND

 RICHMOND, Va., March 12 /PRNewswire/ -- Scott & Stringfellow Financial, Inc., (NASDAQ-NMS: SCOT) has declared its third quarterly dividend for fiscal 1993 of 9 cents per share of common stock. This dividend will be payable to shareholders of record April 1, 1993.
 In making the announcement, William P. Schubmehl, president and chief executive officer, said the dividend would be payable to shareholders on April 15, 1993. The firm has 1,751,733 shares outstanding as of March 12, 1993.
 The firm's primary subsidiary, Scott & Stringfellow, Inc., is one of the oldest brokerage, financial services and investment banking firms in the Southeast. Founded in 1893, Scott & Stringfellow operates 26 offices across Virginia, North Carolina and West Virginia and has approximately 400 employees including 177 full-time investment brokers. Its publicly owned parent company, Scott & Stringfellow Financial Inc., trades on the NASDAQ National Market System (symbol SCOT).
 -0- 3/12/93
 /CONTACT: William P. Schubmehl, president and chief executive officer, Scott & Stringfellow, 804-643-1811/
 (SCOT)


CO: Scott & Stringfellow Financial, Inc. ST: Virginia IN: FIN SU: DIV

KD-DC -- DC016 -- 5584 03/12/93 14:38 EST
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Publication:PR Newswire
Date:Mar 12, 1993
Words:179
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