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SCOTT & STRINGFELLOW DECLARES QUARTERLY DIVIDEND

 RICHMOND, Va., Sept. 22 /PRNewswire/ -- Scott & Stringfellow Financial, Inc. (NASDAQ-NMS: SCOT), has declared its first quarterly common stock dividend for fiscal 1994 of 9 cents per share. This dividend will be paid on Oct. 15, 1993, to shareholders of record on Oct. 4, 1993. The company had 1,758,657 shares of common stock outstanding as of Sept. 21, 1993.
 The company's primary subsidiary, Scott & Stringfellow, Inc., is a regional brokerage, financial services and investment banking firm headquartered in Richmond. Scott & Stringfellow, Inc., which celebrated its 100th anniversary in May 1993, is the South's oldest continuous member of the New York Stock Exchange. It operates 26 offices across Virginia, North Carolina and West Virginia and has more than 400 employees, including 181 full-time investment brokers. The common stock of the holding company, Scott & Stringfellow Financial, Inc., has been listed on the NASDAQ National Market System under the symbol "SCOT" since an initial public offering in November 1986.
 -0- 9/22/93
 /CONTACT: William P. Schubmehl, president and CEO, 804-780-3252; or Steven C. DeLaney, first vice president and CFO, 804-782-8757, both of Scott & Stringfellow/
 (SCOT)


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

MH-PB -- DC044 -- 4865 09/22/93 16:46 EDT
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Publication:PR Newswire
Date:Sep 22, 1993
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